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Please use this identifier to cite or link to this item:
http://hdl.handle.net/1842/1831
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| Title: | Market Maker V Automated Order Book Markets: UK Evidence |
| Authors: | Creswell, Phil |
| Issue Date: | 2003 |
| Publisher: | Management School and Economics. The University of Edinburgh |
| Series/Report no.: | CFMR
03.03 |
| Abstract: | The London Stock Exchange operates two separate trading platforms for UK equities: an automated limit order book (SETS) and a multiple dealer market (SEAQ). This paper examines the relative efficiency of the different market structures, by comparing the spread experienced by traders in each market. |
| Keywords: | econonics |
| URI: | http://hdl.handle.net/1842/1831 |
| Appears in Collections: | Business and Management Research Publications
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