Essays about: "Bid-Offer Spreads"

Found 2 essays containing the words Bid-Offer Spreads.

  1. 1. Trading CDS Indices vs. Equity Index Futures – A pairs trade

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Daniel Alavei; Tobias Olsson; [2015]
    Keywords : Cointegration; Equity Index Future; CDS Index; Pairs Trading; Business and Economics;

    Abstract : In this thesis we use a unique data set to show that there is a cointegrating relationship between the EURO STOXX 50 index and the Markit iTraxx Europe index that can be exploited through trading. As far as we know, we are the first ones to write about trading this pair in an academic paper. READ MORE

  3. 2. Trade fragmentation and its impact on pre-trade liquidity

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Josefin Bergholtz; Tommy Chen; [2011]
    Keywords : Market fragmentation; Market microstructure; MiFID; Liquidity; Bid-Offer Spreads;

    Abstract : The MiFID was introduced in November 2007 to enhance market quality and consumer protection. One dimension of the directive was the abolishment of the former concentration rule, which allowed for the emergence of competition between stock exchanges. As a result, trade flow has fragmented over several trading venues. READ MORE