@techreport{Mizrach2005Does,
abstract = {I examine the effects of Nasdaq's introduction of an anonymous trading facility called SIZE. I compare SIZE to competing ECNs in terms of liquidity and market impact. Despite rapid growth, SIZE has not yet attained a significant market share and rarely influences short-run price evolution. I conclude with discussion of the Nasdaq-ECN mergers and speculate about a role for SIZE in trading listed securities.},
address = {New Brunswick, NJ},
author = {Bruce Mizrach},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {G14; G20; 330; ECN; market impact; super montage; total view; B\"{o}rsen-Informationssystem; B\"{o}rsenumsatz; Wertpapierhandel; Wertpapierb\"{o}rse; USA},
language = {eng},
number = {2006,02},
publisher = {Dep. of Economics, Rutgers, the State Univ. of New Jersey},
title = {Does SIZE matter?:  Liquidity provision by the Nasdaq anonymous trading Facility},
type = {Working papers // Department of Economics, Rutgers, the State University of New Jersey},
url = {http://hdl.handle.net/10419/31264},
year = {2005}
}
