Equity Trading Practices and Market Structure: Assessing Asset Managers' Demand for Immediacy

@inproceedings{Economides1995EquityTP,
  title={Equity Trading Practices and Market Structure: Assessing Asset Managers' Demand for Immediacy},
  author={Nicholas Economides and Robert A. Schwartz},
  year={1995}
}
This paper summarizes the responses to a questionnaire sent to equity traders through TraderForum of the Institutional Investor. The respondents manage in total a very significant percentage of equity assets under management in the United States. The focus of the questions was the extent of the demand for immediate execution of orders. We found that the majority of traders are willing to trade patiently if this reduces execution costs. Many traders indicate that they frequently delay trades to… CONTINUE READING

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