Anonymous electronic trading versus floor trading

Research, Preprint OPEN
Franke, Günter ; Hess, Dieter (1995)
  • Publisher: Sonderforschungsbereich 178 "Internationalisierung der Wirtschaft", Universität Konstanz Konstanz
  • Subject: Informationskosten | Zinsderivat | Deutschland | Börse | Großbritannien | Computerunterstützung
    • ddc: ddc:330

This paper compares the attractiveness of floor trading and anonymous electronic trading systems. It is argued that in times of low information intensity the insight into the order book of the electronic trading system provides more valuable information than floor tradi... View more
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