Market conditions, obligations and the economics of market making, 2014. ,
The Lovely but Lonely Vickrey Auction, Combinatorial Auctions, 2006. ,
DOI : 10.7551/mitpress/9780262033428.003.0002
Splitting Orders, Review of Financial Studies, vol.10, issue.1, pp.69-101, 1997. ,
DOI : 10.1093/rfs/10.1.69
URL : http://rfs.oxfordjournals.org/cgi/content/short/10/1/69
Price Information and Equilibrium Liquidity in Fragmented and Centralized Markets, Journal of Finance, vol.1, pp.157-185, 1993. ,
Floors, dealer markets and limit order markets, Journal of Financial Markets, vol.1, pp.253-284, 1998. ,
Dealer behavior and trading systems in foreign exchange markets, Journal of Financial Economics, vol.75, issue.3, pp.571-605, 2005. ,
DOI : 10.1016/j.jfineco.2004.08.001
High-Frequency Trading and Price Discovery, Review of Financial Studies, vol.27, issue.8, pp.2267-2306, 2014. ,
DOI : 10.1093/rfs/hhu032
Illiquidity Contagion and Liquidity Crashes, Review of Financial Studies, vol.27, issue.6, pp.1615-1660, 2014. ,
DOI : 10.1093/rfs/hhu016
URL : https://hal.archives-ouvertes.fr/hal-00998274
Multipart pricing of public goods, Public Choice, vol.7, issue.1, pp.17-33, 1971. ,
DOI : 10.1007/BF01726210
Multimarket Trading and Market Liquidity, Review of Financial Studies, vol.4, issue.3, pp.483-511, 1991. ,
DOI : 10.1093/rfs/4.3.483
Time Variation in Liquidity: The Role of Market-Maker Inventories and Revenues, The Journal of Finance, vol.60, issue.1, pp.295-331, 2010. ,
DOI : 10.1111/j.1540-6261.2009.01530.x
Does Order Splitting Signal Uninformed Order Flow?, 2014. ,
The impact of dark trading and visible fragmentation on market quality, Review of Finance forthcoming, 2014. ,
Cream-Skimming or Profit-Sharing? The Curious Role of Purchased Order Flow, The Journal of Finance, vol.82, issue.3, pp.811-833, 1996. ,
DOI : 10.1111/j.1540-6261.1996.tb02708.x
The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stocks Listing in the United States, The Journal of Finance, vol.20, issue.1, pp.981-1013, 1999. ,
DOI : 10.1111/0022-1082.00134
Competition for Order Flow and Smart Order Routing Systems, The Journal of Finance, vol.5, issue.1, pp.119-158, 2008. ,
DOI : 10.1111/j.1540-6261.2008.01312.x
URL : https://hal.archives-ouvertes.fr/hal-00554030
How are stock prices affected by the location of trade?, Journal of Financial Economics, vol.53, issue.2, pp.189-216, 1999. ,
DOI : 10.1016/S0304-405X(99)00020-3
Multi-market trading and arbitrage???, Journal of Financial Economics, vol.97, issue.1, pp.53-80, 2010. ,
DOI : 10.1016/j.jfineco.2010.03.005
Effects of Lit and Dark Trading Venue Competition on Liquidity: The MiFID Experience, SSRN Electronic Journal, vol.8, 2012. ,
DOI : 10.2139/ssrn.1918473
Incentives in Teams, Econometrica, vol.41, issue.4, pp.617-631, 1973. ,
DOI : 10.2307/1914085
Volume Dynamics and Multimarket Trading, forthcoming in Journal of Financial and Quantitative Analysis, 2013. ,
DOI : 10.2139/ssrn.1476850
URL : http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.684.146&rep=rep1&type=pdf
Do Inventories Matter in Dealership Markets? Evidence from the London Stock Exchange, The Journal of Finance, vol.40, issue.5, pp.1623-1656, 1998. ,
DOI : 10.1111/0022-1082.00067
The Dynamics of Dealer Markets Under Competition, The Journal of Finance, vol.16, issue.4, pp.1053-1074, 1983. ,
DOI : 10.1111/j.1540-6261.1983.tb02282.x
Middlemen in Limit-Order Markets, SSRN Electronic Journal, 2015. ,
DOI : 10.2139/ssrn.1624329
Splitting orders in overlapping markets: A study of cross-listed stocks, Journal of Financial Intermediation, vol.17, issue.2, pp.145-174, 2008. ,
DOI : 10.1016/j.jfi.2007.05.004
High frequency trading and the new market makers, Journal of Financial Markets, vol.16, issue.4, pp.712-740, 2013. ,
DOI : 10.1016/j.finmar.2013.06.006
Do dealer firms manage their inventory on a stock-by-stock or a portfolio basis?, Journal of Financial Economics, vol.69, pp.325-353, 2003. ,
Is market fragmentation harming market quality?, Journal of Financial Economics, vol.100, issue.3, pp.459-474, 2010. ,
DOI : 10.1016/j.jfineco.2011.02.006
Trading Volume and Asset Liquidity, Quarterly Journal of Economics, pp.255-274, 1989. ,
Affirmative obligations and market making with inventory, Journal of Financial Economics, vol.86, issue.2, pp.513-542, 2007. ,
DOI : 10.1016/j.jfineco.2006.11.002
Liquidity-Based Competition for Order Flow, Review of Financial Studies, vol.16, issue.2, pp.301-343, 2003. ,
DOI : 10.1093/rfs/hhg008
Market Quality and Contagion in Fragmented Markets, SSRN Electronic Journal, 2013. ,
DOI : 10.2139/ssrn.1430573
Liquidity provision, information and inventory management in limit order markets: an analysis of order revisions, 2014. ,
Does Risk Sharing Motivate Interdealer Trading?, Journal of Finance, vol.53, issue.5, pp.1657-1703, 1998. ,
The Limits of Arbitrage, The Journal of Finance, vol.39, issue.1, pp.35-55, 1997. ,
DOI : 10.1111/j.1540-6261.1997.tb03807.x
Liquidity Provision with Limit Orders and a Strategic Specialist, Review of Financial Studies, vol.10, issue.1, pp.103-150, 1997. ,
DOI : 10.1093/rfs/10.1.103
The Limits of Financial Globalization, The Journal of Finance, vol.14, issue.30th Anniversar, pp.1595-1638, 2005. ,
DOI : 10.1111/j.1540-6261.2005.00775.x
Competition for Order Flow with Fast and Slow Traders, Review of Financial Studies, vol.28, issue.7, 2014. ,
DOI : 10.1093/rfs/hhv023
COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS, The Journal of Finance, vol.16, issue.1, pp.8-37, 1961. ,
DOI : 10.1111/j.1540-6261.1961.tb02789.x