grant

What Is the Optimal Level of Transparency and Should Off-Market Block Trading exist in Futures Markets? [ 2003-09-22 - 2006-09-21 ]

Research Grant

[Cite as https://purl.org/au-research/grants/arc/LP0219465]

Researchers: A/Prof Alex Frino (Chief Investigator) ,  Dr Elvis Jarnecic (Chief Investigator) ,  Prof Tim Brailsford (Chief Investigator) ,  A/Prof Henk Berkman (Partner Investigator)

Brief description What Is the Optimal Level of Transparency and Should Off-Market Block Trading exist in Futures Markets? The aims of this project are twofold; to assess (i) what level of transparency is optimal and (ii) whether off-market block trading should be allowed in futures markets. Transparency refers to how much of the trading process is made visible to participants. The issue has been researched only very recently and findings have been limited. Off-market block trading procedures allow large trades to be executed away from the market. This project will undertake the first study of large trades on futures markets and will also compare the impact of large trades on market quality when executed on- and off-market.

Funding Amount $157,000

Funding Scheme Linkage Projects

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Identifiers
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ACN 633 798 857