@inproceedings{3376f6669b254955b1ba4e88436df925,
title = "A critical review to analyze affect of online and traditional trading on effective market performance on the nasdaq",
abstract = "The purpose of this paper is to present a critical analysis on the competition between online (ECN) and traditional (market maker) trading on the Nasdaq stock exchange. Online stock trading mechanisms at exchanges are often hybrid of dealer and auction markets. Different aspects of trading execution, which is the most commonly used market center at present, are analyzed. This leads to a discussion on: (a) the way that executes order is organized, and (b) it's impact on effective market performance, trading cost and investor behaviour.",
author = "Haroun Alryalat and Dwivedi, \{Yogesh K.\} and Jasna Kuljis and Paul, \{Ray J.\}",
year = "2005",
language = "English",
isbn = "0975339338",
series = "Information Management in Modern Enterprise: Issues and Solutions - Proceedings of the 4th International Business Information Management Association Conference, IBIMA 2005",
publisher = "International Business Information Management Association, IBIMA",
pages = "153--159",
booktitle = "Information Management in Modern Enterprise",
note = "4th International Business Information Management Association Conference, IBIMA 2005 ; Conference date: 05-07-2005 Through 07-07-2005",
}