• Foreign Exchange Market Structure, Players and Evolution 

      King, Michael R.; Osler, Carol; Rime, Dagfinn (Working Papers;10/2011, Working paper, 2011)
      Electronic trading has transformed foreign exchange markets over the past decade, and the pace of innovation only accelerates. This formerly opaque market is now fairly transparent and transaction costs are only a fraction ...
    • Human vs. Machine: Disposition Effect among Algorithmic and Human Day Traders 

      Liaudinskas, Karolis (Working paper;6/2022, Working paper, 2022)
      This paper studies whether and why algorithmic traders exhibit one of the most broadlydocumented behavioral puzzles – the disposition effect. We use trade data from the NASDAQ Copenhagen Stock Exchange merged with the ...