Amihud, Y., 2002. Illiquidity and stock returns: Cross-section and time-series effects. Journal of Financial Markets 5, 31–56.
- Aune, R. T., Krellenstein, A., O’Hara, M., Slama, O., 2017. Footprints on a blockchain: Trading and information leakage in distributed ledgers. The Journal of Trading 12, 5–13.
Paper not yet in RePEc: Add citation now
Barclay, M. J., Hendershott, T., McCormick, D. T., 2003. Competition among trading venues: Information and trading on electronic communications networks. The Journal of Finance 58, 2637–2665.
Brogaard, J., Hendershott, T., Riordan, R., 2014. High-frequency trading and price discovery.
Budish, E., Cramton, P., Shim, J., 2014. Implementation details for frequent batch auctions: Slowing down markets to the blink of an eye. The American Economic Review 104, 418– 424.
Budish, E., Cramton, P., Shim, J., 2015. The high-frequency trading arms race: Frequent batch auctions as a market design response. The Quarterly Journal of Economics 130, 15471621.
- Buterin, V., 2013. A next-generation smart contract and decentralized application platform.
Paper not yet in RePEc: Add citation now
Cao, C., Hansch, O., Wang, X., 2009. The information content of an open limit-order book. Journal of Futures Markets 29, 16–41.
Chiu, J., Koeppl, T. V., 2018. Blockchain-based settlement for asset trading. SSRN Electronic Journal .
Clapham, B., Zimmermann, K., 2016. Price discovery and convergence in fragmented securities markets. International Journal of Managerial Finance 12, 381–407.
- Clark, J., Bonneau, J., Felten, E. W., Kroll, J. A., Miller, A., Narayanan, A., 2014. On decentralizing prediction markets and order books. In: Workshop on the Economics of Information Security.
Paper not yet in RePEc: Add citation now
Copeland, T. E., Galai, D., 1983. Information effects on the bid-ask spread. The Journal of Finance 38, 1457–1469.
Darrat, A. F., Rahman, S., Zhong, M., 2003. Intraday trading volume and return volatility of the djia stocks: A note. Journal of Banking & Finance 27, 2035 – 2043.
- Deutsche Bundesbank, Deutsche Börse, 2016. Joint Deutsche Bundesbank and Deutsche Börse blockchain prototype. Press release.
Paper not yet in RePEc: Add citation now
- Donet, J. A., Prez-Sol, C., Herrera-Joancomart, J., 2014. The Bitcoin P2P network. In: Financial Cryptography and Data Security, pp. 87–102.
Paper not yet in RePEc: Add citation now
- Economides, N., Schwartz, R. A., 1995. Electronic call market trading. The Journal of Portfolio Management 21, 10–18.
Paper not yet in RePEc: Add citation now
Fama, E. F., French, K. R., 1993. Common risk factors in the returns on stocks and bonds. Journal of Financial Economics 33, 3 – 56.
- Farmer, J. D., Skouras, S., 2012. Review of the benefits of a continuous market vs. randomised stop auctions and of alternative priority rules (policy options 7 and 12). Foresight, Government Office for Science.
Paper not yet in RePEc: Add citation now
Fricke, D., Gerig, A., 2018. Too fast or too slow? Determining the optimal speed of financial markets. Quantitative Finance 18, 519–532.
- Gencer, A. E., van Renesse, R., Sirer, E. G., 2017. Short paper: Service-oriented sharding for blockchains. In: International Conference on Financial Cryptography and Data Security, pp. 393–401.
Paper not yet in RePEc: Add citation now
Harris, L., 2002. Trading and exchanges: Market microstructure for practitioners. Financial Management Association Survey and Synthesis, Oxford University Press.
Hasbrouck, J., 1991a. Measuring the information content of stock trades. The Journal of Finance 46, 179–207.
- Hasbrouck, J., 1991b. Security markets, information and liquidity. Financial Practice and Education 1, 7–16.
Paper not yet in RePEc: Add citation now
Hasbrouck, J., 1991c. The summary informativeness of stock trades: An econometric analysis. The Review of Financial Studies 4, 571595.
Hasbrouck, J., 1995. One security, many markets: Determining the contributions to price discovery. The Journal of Finance 50, 1175–1199.
- Hawlitschek, F., Notheisen, B., Teubner, T., 2018. The limits of trust-free systems: A literature review on blockchain technology and trust in the sharing economy. Electronic Commerce Research and Applications 29, 50–63.
Paper not yet in RePEc: Add citation now
Hendershott, T., Jones, C. M., Menkveld, A. J., 2011. Does algorithmic trading improve liquidity? The Journal of Finance 66, 1–33.
Hendershott, T., Moulton, P. C., 2011. Automation, speed, and stock market quality: The NYSE’s hybrid. Journal of Financial Markets 14, 568–604.
Huang, R. D., Stoll, H. R., 1996. Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE. Journal of Financial Economics 41, 313–357.
Jessel, B., Marshall, T., 2016. Get Bold with Blockchain. Journal of Financial Transformation 43, 15–20.
Jones, C. M., Kaul, G., Lipson, M. L., 1994. Transactions, volume, and volatility. The Review of Financial Studies 7, 631–651.
- Kogias, E. K., Jovanovic, P., Gailly, N., Khoffi, I., Gasser, L., Ford, B., 2016. Enhancing Bitcoin security and performance with strong consistency via collective signing. In: Proceedings of the 25th USENIX Security Symposium, pp. 279–296.
Paper not yet in RePEc: Add citation now
- Kranz, T. T., 2015. Continuous Market Engineering - Focusing Agent Behavior, Interfaces, and Auxiliary Services. Ph.D. thesis, Karlsruhe Institute of Technology.
Paper not yet in RePEc: Add citation now
- Lee, L., 2016. New kids on the blockchain: How Bitcoins technology could reinvent the stock market. Hastings Business Law Journal 12, 81–132.
Paper not yet in RePEc: Add citation now
Lin, M., Lucas Jr., H. C., Shmueli, G., 2013. Research commentary - too big to fail: Large samples and the p-value problem. Information Systems Research 24, 906–917.
Madhavan, A., 1992. Trading mechanisms in securities markets. The Journal of Finance 47, 607–641.
- Malinova, K., Park, A., 2017. Market Design with Blockchain Technology. SSRN Electronic Journal .
Paper not yet in RePEc: Add citation now
Næs, R., Skjeltorp, J. A., Ødegaard, B. A., 2011. Stock market liquidity and the business cycle. The Journal of Finance 66, 139–176.
- Nakamoto, S., 2008. Bitcoin: A peer-to-peer electronic cash system. Whitepaper.
Paper not yet in RePEc: Add citation now
Notheisen, B., Cholewa, J. B., Shanmugam, A. P., 2017a. Trading real-world assets on blockchain. Business & Information Systems Engineering 59, 425–440.
- Notheisen, B., Gödde, M., Weinhardt, C., 2017b. Trading stocks on blocks - engineering decentralized markets. In: Maedche, A., vom Brocke, J., Hevner, A. (eds.), Designing the Digital Transformation, Springer International Publishing, Cham, pp. 474–478.
Paper not yet in RePEc: Add citation now
- Notheisen, B., Hawlitschek, F., Weinhardt, C., 2017c. Breaking down the blockchain hypetowards a blockchain market engineering approach. In: Proceedings of the 25th European Conference on Information Systems (ECIS), pp. 1062–1080.
Paper not yet in RePEc: Add citation now
- Notheisen, B., Weinhardt, C., 2018. The blockchain, plums, and lemons - information asymmetries in decentralized markets. SSRN Electronic Journal .
Paper not yet in RePEc: Add citation now
- O’Hara, M., 1998. Market Microstructure Theory. Blackwell Publishing Limited.
Paper not yet in RePEc: Add citation now
Pagano, M., Rell, A., 1996. Transparency and liquidity: A comparison of auction and dealer markets with informed trading. The Journal of Finance 51, 579–611.
- Pancs, R., 2012. Comparing market structures: Allocative and informational efficiencies of continuous trading, periodic auctions, and dark pools. Technical report, Department of Economics, University of Rochester.
Paper not yet in RePEc: Add citation now
- Patel, H., 2014. A pure block chain based decentralized exchange. IACR Cryptology ePrint Archive .
Paper not yet in RePEc: Add citation now
- Peterson, M., 2018. Blockchain and the future of financial services. The Journal of Wealth Management 21, 124–131.
Paper not yet in RePEc: Add citation now
- Riordan, R., Storkenmaier, A., 2012. Latency, liquidity and price discovery. Journal of Financial Markets 15, 416–437.
Paper not yet in RePEc: Add citation now
Subrahmanyam, A., 1994. Circuit breakers and market volatility: A theoretical perspective. The Journal of Finance 49, 237–254.
Szabo, N., 1997. Formalizing and securing relationships on public networks. First Monday 2. Urquhart, A., 2016. The inefficiency of Bitcoin. Economics Letters 148, 80–82.
- Viana, D., 2018. Two technical images: Blockchain and high-frequency trading. Philosophy & Technology 31, 77–102.
Paper not yet in RePEc: Add citation now
- Wah, E., Hurd, D. R., Wellman, M. P., 2016. Strategic market choice: Frequent call markets vs. continuous double auctions for fast and slow traders. EAI Endorsed Transactions on Serious Games 3.
Paper not yet in RePEc: Add citation now
Wei, W. C., 2018. Liquidity and market efficiency in cryptocurrencies. Economics Letters 168, 21–24.
- Weinhardt, C., Gimpel, H., 2007. Market Engineering: An Interdisciplinary Research Challenge. In: Dagstuhl Seminar Proceedings.
Paper not yet in RePEc: Add citation now
- Workie, H., Jain, K., 2017. Distributed ledger technology: Implications of blockchain for the securities industry. Journal of Securities Operations & Custody 9, 347–355.
Paper not yet in RePEc: Add citation now
Yermack, D., 2017. Corporate governance and blockchains. Review of Finance 21, 7–31.
- Zhang, S. S., Wagener, M., Storkenmaier, A., Weinhardt, C., 2011. The quality of electronic markets. In: Proceedings of the 44th Hawaii International Conference on System Sciences.
Paper not yet in RePEc: Add citation now