Determine whether dealers in NASDAQ shares and dealers in NYSE shares in the particular market being discussed provided price improvements.
Q.1. In a report dated December 15, 2004, the Office of Economic Analysis of the U.S. Securities and Exchange Commission (SEC) compared trade execution quality on the NYSE and NASDAQ using a matched sample of 113 pairs of firms. The comparison is based on six months of data from January to June 2004. The results […]