Informed Traders As Liquidity Providers

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Informed Traders As Liquidity Providers by Hachmeister, Alexandra; Schiereck, Dirk, 9783835007550
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  • ISBN: 9783835007550 | 3835007556
  • Cover: Paperback
  • Copyright: 7/26/2007

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Alexandra Hachmeister's thesis empirically analyzes and positively answers the question whether informed traders provide liquidity in an open limit order book. The analyses include a detailed market description of the German equity market, a new methodological approach for the identification of informed traders as well as the analysis of the individual liquidity providing and demanding behavior of the identified informed traders.
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