RT Dissertation/Thesis
T1 The role of traditional exchanges in fragmented markets : an empirical analysis post MIFID 
A1 Spankowski,Ulli
WP 2015/09/07
AB The Markets in Financial Instruments Directive (MiFID) has changed regulated European equity trading significantly after its introduction in November 2007. This dissertation analyses the impact of MiFID on trading intensity and market quality from an intraday and interday perspective by investigating the British equity market.
A second focus of this work is the analysis of the influence of high frequency traders in a fragmented market environment. In this context, this dissertation addresses the behavior of market participants and their influence on market quality during particular market scenarios in a fragmented market environment. 
K1 Richtlinie über Märkte für Finanzinstrumente
K1 Wettbewerb
K1 Fragmentierung
K1 Regulierung
PP Hohenheim
PB Kommunikations-, Informations- und Medienzentrum der Universität Hohenheim
UL http://opus.uni-hohenheim.de/volltexte/2015/1113