LIQUIDITY REVISITED
Donald R. Fraser
(Department of Finance, College of Business, Texas A&M University, College Station, Texas 77843)
John C. Groth
(Department of Finance, College of Business, Texas A&M University, College Station, Texas 77843)
Steven S. Byers
(Department of Finance, Idaho State University, Pocatello, Idaho 83209‐8020.)
290
Abstract
This paper examines and updates an earlier study of the liquidity of an extensive array of common stocks traded on NYSE/ASE/NML‐NASDAQ. It reports apparent variances in liquidity due to trading location and other variables. The paper suggests causes for these differences.
Citation
Fraser, D.R., Groth, J.C. and Byers, S.S. (1996), "LIQUIDITY REVISITED", Studies in Economics and Finance, Vol. 17 No. 1, pp. 3-32. https://doi.org/10.1108/eb028724
Publisher
:MCB UP Ltd
Copyright © 1996, MCB UP Limited