Browsing Arbeidsnotater / Working Papers by Author "King, Michael R."
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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 ... -
The Market Microstructure Approach to Foreign Exchange: Looking Back and Looking Forward
King, Michael R.; Osler, Carol; Rime, Dagfinn (Working Papers;12/2013, Working paper, 2013)Research on foreign exchange market microstructure stresses the importance of order flow, heterogeneity among agents, and private information as crucial determinants of short-run exchange rate dynamics. Microstructure ...