Rightslink® by Copyright Clearance Center

Order flow composition and trading costs in a dynamic limit order market 1 I am grateful to Bruno Biais for numerous stimulating and insightful discussions. I also thank two referees, Matthew Spiegel (the Editor), Franklin Allen, Jim Angel (the WFA discussant), Phillipe Henrotte, Bertrand Jacquillat, Jean-Charles Rochet, Ailsa Röell, Patrick Sandås, Duane Seppi and Chester Spatt for their suggestions. The paper also benefited from comments of seminar participants at Carnegie Mellon University, the Institute for Economic Analysis, Princeton University, Toulouse University and the 1998 WFA Meetings in Monterey. The author gratefully acknowledges the financial support of DGICYT grant PB93-0388. All errors are mine. 1

Author:

Thierry Foucault

Publication:

Journal of Financial Markets

Publisher:

Elsevier

Date:

May 1999

Please select your organization and/or account

Organization

Account

Please select your account from the above dropdown list. These accounts represent the offices, campuses, and other sites where your organization operates. Your account selection should match where you typically have an office or workspace. Even when you are traveling or temporarily working elsewhere, you should select the account that represents where you customarily work.

Cancel OK

Welcome to RightsLink

Elsevier has partnered with Copyright Clearance Center's RightsLink service to offer a variety of options for reusing this content.

I would like to...This drop down menu contains the options the publisher has agreed to permit for reuse of their copyrighted material. The publisher offers these types of use either directly through RightsLink or after approval by the publisher. Please reference the terms and conditions offered during the order process for a complete understanding of the use you select. Need more info?