𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Reducing tick size on the Stock Exchange of Singapore

✍ Scribed by Sie Ting Lau; Thomas H. McInish


Book ID
116161663
Publisher
Elsevier Science
Year
1995
Tongue
English
Weight
632 KB
Volume
3
Category
Article
ISSN
0927-538X

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Does tick size influence price discovery
✍ Marie-Claude Beaulieu; Shafiq K. Ebrahim; Ieuan G. Morgan πŸ“‚ Article πŸ“… 2002 πŸ› John Wiley and Sons 🌐 English βš– 225 KB

## Abstract We investigate the price discovery role of an exchange‐traded fund and the futures contract for the same market index. We find that the fund predicts the index in the subperiod after but not in the subperiod before a substantial decrease in the minimum tick size. The futures predict the