Volume, listing changes and liquidity contract on Alternext
(2008) Revue bancaire et financière — Vol. 8, p. 488-496 (2008)
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- Authors
- Abstract
- The goal of this paper is to determine whether the switch from fixing to continuous trading or the use of a liquidity provider agreement improves volume on Alternext. The sample period ranges from May 2, 2006 to April 28, 2008. It includes 32 companies that switched from fixing to continuous trading and 25 companies that signed a liquidity provider agreement. The empirical study indicates that the switch from fixing to continuous trading was successful with respect to the number of shares traded. However, liquidity provider agreements do not significantly improve volume.
- Affiliations
Louvain School of Management Accounting & Finance FUCaM Sciences de gestion Infrabel Conseil à la direction
Citations
Petitjean, M., & Waelput, J. (2008). Volume, listing changes and liquidity contract on Alternext. Revue bancaire et financière, 8, 488-496. https://hdl.handle.net/2078.5/251051 (Original work published 2008)