Informed traders as liquidity providers : evidence from the German equity market

Author(s)

• Hachmeister, Alexandra
• Schiereck, Dirk

Bibliographic Information

Informed traders as liquidity providers : evidence from the German equity market

Alexandra Hachmeister ; with a foreword by Dirk Schiereck

（DUV Wirtschaftswissenschaft）（Schriftenreihe der European Business School, Bd. 66）

Deutscher Universitäts-Verlag, 2007

1. Aufl

Note

Thesis--European Business School, Oestrich-Winkel, 2007

Description and Table of Contents

Description

Alexandra Hachmeister's thesis empirically analyzes and positively answers the question whether informed traders provide liquidity in an open limit order book. The analyses include a detailed market description of the German equity market, a new methodological approach for the identification of informed traders as well as the analysis of the individual liquidity providing and demanding behavior of the identified informed traders.

Table of Contents

Liquidity (definition and measurement) Informed trading (definition and identification of informed traders) Open limit order book Empirical analysis (high frequency transaction data) Liquidity provision by informed traders

by "Nielsen BookData"

• NCID: BA84918499
• ISBN:
  • 9783835007550
• Country Code: gw
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Wiesbaden
• Pages/Volumes: xvi, 179 p.
• Size: 23 cm
• Classification:
  • SG : 380
• Parent Bibliography ID:
  • BA10414229
  • BA30727770