most citedAutomated Liquidity Provision and the Demise of Traditional Market Making

11 citations · 11 across the 1 of their papers we have counts for

collaborators

1 paper

q-fin.TR2010★ 11 cited

Automated Liquidity Provision and the Demise of Traditional Market Making

Austin Gerig, David Michayluk

Traditional market makers are losing their importance as automated systems have largely assumed the role of liquidity provision in markets. We update the model of Glosten and Milgr…