Market microstructure refers to the organization and design of markets for trading, how these markets are regulated, and how investors approach trading. In a new article, researchers provide an ...

Liquidity is the foundation of market behavior. Liquidity is more than “volume”. It is the availability of resting orders at multiple price levels, and the willingness of liquidity providers to absorb ...

In the first episode of FTSE Russell Convenes, Season 4, Michael Brandt, Professor of Finance, Duke University at The Fuqua School of Business, discusses the importance of market structure and time ...

24-hour trading has become a hot topic in the U.S. equities market. To date, the U.S. Securities and Exchange Commission (“SEC”) has approved two applications for exchanges to trade during overnight ...

Prediction markets have moved from a niche academic concept into one of the fastest-growing areas of modern market infrastructure. Once confined to election forecasting and small experimental ...