Comparison between floor trading and electronic system on liquidity
A trend towards computerized transaction points out a significant query that either electronic cost which is occurring in trading system is lower than that of trading through floors. Trading system is how orders are handled and how they are administered and how individual prices are been setup. The...
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my.utm.596562022-04-25T01:59:40Z http://eprints.utm.my/id/eprint/59656/ Comparison between floor trading and electronic system on liquidity Nabi, Agha Amad Ramakrishnan, Suresh Ahmad Anuar, Melati Mousaabad, Aiyoub Ahmadi HB Economic Theory A trend towards computerized transaction points out a significant query that either electronic cost which is occurring in trading system is lower than that of trading through floors. Trading system is how orders are handled and how they are administered and how individual prices are been setup. The trading affects the profitability and hence it affects traders' behavior, price formation and trading cost. Data of returns of KSE 100 index from the period of January1998 to June 2008 and the variables that have the significant difference in the Electronic system are volume, market capitalization, volatility and turnover. Thus, electronic system shows more information in a limited time when volume and return volatility is high. The results and findings indicated that the electronic system has a significant edge over trading by floors. Science Explorer Publications 2014-03 Article PeerReviewed Nabi, Agha Amad and Ramakrishnan, Suresh and Ahmad Anuar, Melati and Mousaabad, Aiyoub Ahmadi (2014) Comparison between floor trading and electronic system on liquidity. International Research Journal of Applied and Basic Sciences, 8 (5). pp. 545-548. ISSN 2251-838X |
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HB Economic Theory Nabi, Agha Amad Ramakrishnan, Suresh Ahmad Anuar, Melati Mousaabad, Aiyoub Ahmadi Comparison between floor trading and electronic system on liquidity |
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A trend towards computerized transaction points out a significant query that either electronic cost which is occurring in trading system is lower than that of trading through floors. Trading system is how orders are handled and how they are administered and how individual prices are been setup. The trading affects the profitability and hence it affects traders' behavior, price formation and trading cost. Data of returns of KSE 100 index from the period of January1998 to June 2008 and the variables that have the significant difference in the Electronic system are volume, market capitalization, volatility and turnover. Thus, electronic system shows more information in a limited time when volume and return volatility is high. The results and findings indicated that the electronic system has a significant edge over trading by floors. |
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Nabi, Agha Amad Ramakrishnan, Suresh Ahmad Anuar, Melati Mousaabad, Aiyoub Ahmadi |
author_facet |
Nabi, Agha Amad Ramakrishnan, Suresh Ahmad Anuar, Melati Mousaabad, Aiyoub Ahmadi |
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Nabi, Agha Amad |
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Comparison between floor trading and electronic system on liquidity |
title_short |
Comparison between floor trading and electronic system on liquidity |
title_full |
Comparison between floor trading and electronic system on liquidity |
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Comparison between floor trading and electronic system on liquidity |
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Comparison between floor trading and electronic system on liquidity |
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comparison between floor trading and electronic system on liquidity |
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Science Explorer Publications |
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2014 |
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http://eprints.utm.my/id/eprint/59656/ |
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