This paper examines intra-day patterns of the exchange rate behavior, using the "firm" bid-ask quotes and transactions of USD-JPY and Euro-USD recorded in the electronic broking system of the spot for
The Vietnamese government introduced a change in the minimum tick size for stock trading on 12 September 2016 to improve market quality and reduce trade execution costs. The intended effects of this p
There is a growing interest to understand financial markets as ecological systems, where the variety of trading strategies correspond to that of biological species. For this purpose, transaction data
