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Tekijä:Booth, G.
Otsikko:Internalization and stock price clustering: Finnish evidence
Lehti:Journal of International Money and Finance
2000 : OCT, VOL. 19:5, p. 737-752
Asiasana:PREFERENCES
STOCKS
FINLAND
Kieli:eng
Tiivistelmä:Internalization, the practice of brokers executing trades in-house, is a significant phenomenon in the Helsinki Stock Exchange. During the continuous trading session, 97.5% upstairs market trades are internalized. The corresponding figure for after-hours upstairs market trades is 73.1%. The prices of internalized trades are somewhat more clustered than the prices of other trades during the continuous trading session.
SCIMA tietueen numero: 218523
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