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| Author: | Jacquillat, B. Gresse, C. |
| Title: | The diversion of order flow on French stocks from CAC to SEAQ International: a field study |
| Journal: | European Financial Management
1998 : JUL, VOL. 4:2, p. 121-142 |
| Index terms: | STOCK MARKETS COMPETITION REGULATIONS FRANCE |
| Language: | eng |
| Abstract: | The competition btw. SEAQ International and Continental European equity markets to attract transactions in the most actively traded European stocks has intensified since the late 1980s. Comparison of official transaction volumes from SEAQ and the French CAC market system are misleading due to differences in organising the tranactions and reporting standards. This paper aims to scrutinise the order flow for French stocks and the reporting procedures on both market systems. |
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