The impact of reducing the minimum tick size on market liquidity and price clustering on the Taiwan Stock Exchange
碩士 === 國立東華大學 === 國際經濟研究所 === 95 === Abstract Applying order-level data, this paper examines the impact of reducing the minimum tick sizes on price clustering and market liquidity in the Taiwan Stock Exchange. After the reduction in tick sizes, we observe an abnormally high frequency of integer pri...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2007
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| Online Access: | http://ndltd.ncl.edu.tw/handle/34c9m6 |