Search for dissertations about: "Bid-ask spreads"
Showing result 1 - 5 of 9 swedish dissertations containing the words Bid-ask spreads.
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1. Share Liquidity and Corporate Efforts to Enhance it. A study on the Swedish Stock Exchange
Abstract : All modern firms need access to capital markets at the lowest possible cost. Today's investors want to be able to increase or decrease their ownership rapidly, at low transaction costs and they demand return compensation for the trading costs they meet. READ MORE
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2. Off-exchange Trading in Modern Equity Markets : A Market Microstructure Perspective on Systematic Internalizers
Abstract : Off-exchange trading has become a feature of the equity markets. This dissertation contains three articles that examine how off-exchange trading through systematic internalizers (SIs) affects inter-market competition and various features of market quality.Article I studies SIs' characteristics and the impact of SI operations on price efficiency. READ MORE
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3. Essays on Share Repurchases and Equity Ownership
Abstract : This thesis comprises five empirical essays using Swedish data. Three of the essays examine open market share repurchases, one essay investigates changes in investors’ shareholdings surrounding equity rights offerings (ROs), and the last essay investigates owner-managers’ equity portfolio choices. READ MORE
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4. Competition, Division and Unity : The Impact of Market Structures on Trading Quality
Abstract : The financial market operates as an ecosystem, involving diverse yet interconnected marketplaces and participants. Market design, intricately interacting with technology, regulation, and competition, shapes how participants adapt their trading behavior and therefore influences market performance. READ MORE
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5. Essays on Derivatives and Liquidity
Abstract : This dissertation contains four essays in which derivatives markets are studied in relation to three related topics in financial economics: asset pricing, market microstructure and risk management.Essay I studies the role of relative option liquidity in explaining the volatility smile. READ MORE