The impact of minimum tick size on the liquidity of the New Zealand stock market
This study consider the impact of minimum tick size (MTS) on the liquidity of the New Zealand stock market, where the MTS reduce from $0.01 to $0.005 for 17 stocks in 2011. I analyse stock market liquidity (i.e., spreads and depths) using data from New Zealand stock market. Sometimes, a large MTS wo...
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| Format: | Others |
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Auckland University of Technology,
2014-06-30T04:22:38Z.
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| Online Access: | Get fulltext |