Can Island Provide Liquidity and Price Discovery in the Dark?

TY - JOUR

T1 - Can Island Provide Liquidity and Price Discovery in the Dark?

AU - Tse, Yiuman

AU - Hackard, James C.

N1 - On September 23, 2002, facing a regulatory mandate issued by the Securities and Exchange Commission, Island teminated the position of the Nasdaq 100 Index Tracking Stock (QQQ) on its book. While the market volume remained almost the same, Island's market share in the QQQ fell significantly.

PY - 2004

Y1 - 2004

UR - https://link.springer.com/article/10.1023/B:REQU.0000039509.49244.da

M3 - Article

VL - 23

JO - Review of Quantitative Finance and Accounting

JF - Review of Quantitative Finance and Accounting

ER -