Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124687660> ?p ?o ?g. }
Showing items 1 to 67 of
67
with 100 items per page.
- W3124687660 abstract "We investigate the roles of liquidity providers (LPs) and algorithmic traders (ATs) using a complete derivative warrant trading record of all investors in Korea. The main empirical findings indicate that LPs, the sole traders responsible for making market, do not trade primarily for liquidity provision. Instead, ATs provide liquidity. We further study the profitability of LPs and ATs and decompose their profits into information, market making, and mixed components. The results provide strong evidence that LPs earn profits using information about the future prospects of derivative warrants. ATs, however, are much better at sustaining profits by providing liquidity. Surprisingly, our evidence shows that though LPs earn positive total profits, ATs generally incur losses by trading." @default.
- W3124687660 created "2021-02-01" @default.
- W3124687660 creator A5003029603 @default.
- W3124687660 creator A5011482379 @default.
- W3124687660 creator A5025158517 @default.
- W3124687660 date "2012-02-18" @default.
- W3124687660 modified "2023-09-23" @default.
- W3124687660 title "Who Makes Markets? Liquidity Providers Versus Algorithmic Traders" @default.
- W3124687660 hasPublicationYear "2012" @default.
- W3124687660 type Work @default.
- W3124687660 sameAs 3124687660 @default.
- W3124687660 citedByCount "0" @default.
- W3124687660 crossrefType "posted-content" @default.
- W3124687660 hasAuthorship W3124687660A5003029603 @default.
- W3124687660 hasAuthorship W3124687660A5011482379 @default.
- W3124687660 hasAuthorship W3124687660A5025158517 @default.
- W3124687660 hasConcept C10138342 @default.
- W3124687660 hasConcept C106159729 @default.
- W3124687660 hasConcept C111472728 @default.
- W3124687660 hasConcept C111771559 @default.
- W3124687660 hasConcept C129361004 @default.
- W3124687660 hasConcept C138885662 @default.
- W3124687660 hasConcept C144133560 @default.
- W3124687660 hasConcept C162324750 @default.
- W3124687660 hasConcept C166052673 @default.
- W3124687660 hasConcept C183582576 @default.
- W3124687660 hasConcept C2776916960 @default.
- W3124687660 hasConcept C556758197 @default.
- W3124687660 hasConceptScore W3124687660C10138342 @default.
- W3124687660 hasConceptScore W3124687660C106159729 @default.
- W3124687660 hasConceptScore W3124687660C111472728 @default.
- W3124687660 hasConceptScore W3124687660C111771559 @default.
- W3124687660 hasConceptScore W3124687660C129361004 @default.
- W3124687660 hasConceptScore W3124687660C138885662 @default.
- W3124687660 hasConceptScore W3124687660C144133560 @default.
- W3124687660 hasConceptScore W3124687660C162324750 @default.
- W3124687660 hasConceptScore W3124687660C166052673 @default.
- W3124687660 hasConceptScore W3124687660C183582576 @default.
- W3124687660 hasConceptScore W3124687660C2776916960 @default.
- W3124687660 hasConceptScore W3124687660C556758197 @default.
- W3124687660 hasLocation W31246876601 @default.
- W3124687660 hasOpenAccess W3124687660 @default.
- W3124687660 hasPrimaryLocation W31246876601 @default.
- W3124687660 hasRelatedWork W145112626 @default.
- W3124687660 hasRelatedWork W1479777507 @default.
- W3124687660 hasRelatedWork W1536717741 @default.
- W3124687660 hasRelatedWork W1558861284 @default.
- W3124687660 hasRelatedWork W1589308345 @default.
- W3124687660 hasRelatedWork W1777327081 @default.
- W3124687660 hasRelatedWork W1816286758 @default.
- W3124687660 hasRelatedWork W1925493529 @default.
- W3124687660 hasRelatedWork W2001510103 @default.
- W3124687660 hasRelatedWork W2093589184 @default.
- W3124687660 hasRelatedWork W2143087845 @default.
- W3124687660 hasRelatedWork W2484229930 @default.
- W3124687660 hasRelatedWork W2921203680 @default.
- W3124687660 hasRelatedWork W2958446623 @default.
- W3124687660 hasRelatedWork W3034869360 @default.
- W3124687660 hasRelatedWork W3122544234 @default.
- W3124687660 hasRelatedWork W3124529919 @default.
- W3124687660 hasRelatedWork W3124738270 @default.
- W3124687660 hasRelatedWork W2173014760 @default.
- W3124687660 hasRelatedWork W2601476806 @default.
- W3124687660 isParatext "false" @default.
- W3124687660 isRetracted "false" @default.
- W3124687660 magId "3124687660" @default.
- W3124687660 workType "article" @default.