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What is Alternative Trading Systems U27 Impacts about?

This dissertation by Timothy Shawn Strother examines the impact of Alternative Trading Systems (ATS) on market depth and informed trading in U.S. equity markets, particularly following the transition to decimal pricing. The study finds that while decimalization decreased market depth on the NYSE, it had no immediate effect on the Nasdaq, which later saw an increase in depth. Additionally, the research highlights the relationship between informed trading and different trading protocols, suggesting that the c

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basseygodwin598

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EN