INFORMATION EFFECTS ON THE BID-ASK SPREAD

[21] MARKET-MAKING AND ASSESSMENT OF MARKET EFFICIENCY [J]. JOURNAL OF FINANCE, 1975, 30 (01) : 115 - 123

[22] MERTON R, 1973, BELL J EC MANAGE SPR, P93

[23] MERTON RC, 1975, J FINANCIAL QUANTITA, P659

[24] SCHOLES M, 1977, J FINANCIAL EC DEC, P359

[25] SMIDT S, 1969, US SECURITIES EXCHAN, V4, pCH12

[26] STOLL H, 1976, J FINANCIAL QUAN SEP, P350

[27] SUPPLY OF DEALER SERVICES IN SECURITIES MARKETS [J]. JOURNAL OF FINANCE, 1978, 33 (04) : 1133 - 1151

[28] TINIC S, 1972, Q J ECON, P79

[29] TINIC S, 1972, J FINANCIAL QUAN JUN, P1707

[21] MARKET-MAKING AND ASSESSMENT OF MARKET EFFICIENCY [J]. JOURNAL OF FINANCE, 1975, 30 (01) : 115 - 123

[22] MERTON R, 1973, BELL J EC MANAGE SPR, P93

[23] MERTON RC, 1975, J FINANCIAL QUANTITA, P659

[24] SCHOLES M, 1977, J FINANCIAL EC DEC, P359

[25] SMIDT S, 1969, US SECURITIES EXCHAN, V4, pCH12

[26] STOLL H, 1976, J FINANCIAL QUAN SEP, P350

[27] SUPPLY OF DEALER SERVICES IN SECURITIES MARKETS [J]. JOURNAL OF FINANCE, 1978, 33 (04) : 1133 - 1151

[28] TINIC S, 1972, Q J ECON, P79

[29] TINIC S, 1972, J FINANCIAL QUAN JUN, P1707