Details about Thierry Foucault

Workplace:

Départment Économie et Sciences de la Décision (Department of Economics and Decision Sciences), HEC Paris (École des Hautes Études Commerciales) (HEC Business School), (more information at EDIRC)

Access statistics for papers by Thierry Foucault.

Last updated 2024-11-09. Update your information in the RePEc Author Service.

Short-id: pfo139

---

Jump to Journal Articles Books Chapters Editor

Working Papers

2024

1. Nonstandard Errors
   Post-Print, HAL
   Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2024)
   Working Papers, Lund University, Department of Economics (2021)
   Working Papers, Faculty of Economics and Statistics, Universität Innsbruck (2021) View citations (6)
   See also Journal Article Nonstandard Errors, Journal of Finance, American Finance Association (2024) (2024)

2023

2. Displaced by Big Data
   Working Papers, HAL
3. Displaced by Big Data: Evidence from Active Fund Managers
   HEC Research Papers Series, HEC Paris
4. Equilibrium Data Mining and Data Abundance
   Post-Print, HAL
   Also in Post-Print, HAL (2023)
   Post-Print, HAL (2020) View citations (1)
   HEC Research Papers Series, HEC Paris (2021)
   Working Papers, HAL (2020) View citations (1)
   Post-Print, HAL (2020)
   Post-Print, HAL (2023)
5. The Horizon of Investors' Information and Corporate Investment
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
   Also in HEC Research Papers Series, HEC Paris (2022)
   Working Papers, HAL (2022)

2022

6. Algorithmic Pricing and Liquidity in Securities Markets
   Working Papers, HAL View citations (1)
   Also in HEC Research Papers Series, HEC Paris (2022)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)

2021

7. Does Alternative Data Improve Financial Forecasting? The Horizon Effect
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
   See also Journal Article Does Alternative Data Improve Financial Forecasting? The Horizon Effect, Journal of Finance, American Finance Association (2024) (2024)
8. Equilibrium Data Mining
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
9. Inventory management, dealers’ connections, and prices in OTC markets
   Working Paper Series, European Central Bank View citations (7)
   Also in Working Papers, HAL (2018) View citations (6)
   HEC Research Papers Series, HEC Paris (2018) View citations (6)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (7)

2020

10. Does Big Data Improve Financial Forecasting? The Horizon Effect
    HEC Research Papers Series, HEC Paris
    Also in Working Papers, HAL (2020)
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2020)

2018

11. Corporate Strategy, Conformism, and the Stock Market
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (3)
    HEC Research Papers Series, HEC Paris (2015)
    Working Papers, HAL (2015)
    See also Journal Article Corporate Strategy, Conformism, and the Stock Market, The Review of Financial Studies, Society for Financial Studies (2019) View citations (5) (2019)
12. Demand for Information, Macroeconomic Uncertainty, and the Response of U.S. Treasury Securities to News
    Working Papers, HAL View citations (2)
    Also in HEC Research Papers Series, HEC Paris (2018) View citations (5)
13. Is Trading Fast Dangerous?
    TSE Working Papers, Toulouse School of Economics (TSE) View citations (5)
14. Noisy Stock Prices and Corporate Investment
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (14)
    See also Journal Article Noisy Stock Prices and Corporate Investment, The Review of Financial Studies, Society for Financial Studies (2019) View citations (37) (2019)

2016

15. Data Abundance and Asset Price Informativeness
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    See also Journal Article Data abundance and asset price informativeness, Journal of Financial Economics, Elsevier (2018) View citations (36) (2018)
16. Ripple Effects of Noise on Corporate Investment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in HEC Research Papers Series, HEC Paris (2015) View citations (1)
    Working Papers, HAL (2015) View citations (1)

2015

17. Equilibrium fast trading
    Post-Print, HAL View citations (155)
    Also in TSE Working Papers, Toulouse School of Economics (TSE) (2014) View citations (27)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2014) View citations (9)
    HEC Research Papers Series, HEC Paris (2013) View citations (23)
    See also Journal Article Equilibrium fast trading, Journal of Financial Economics, Elsevier (2015) View citations (165) (2015)

2014

18. Equilibrium Fast Traders
    2014 Meeting Papers, Society for Economic Dynamics
19. False News, Informational Efficiency, and Price Reversals
    HEC Research Papers Series, HEC Paris View citations (8)
    Also in Working Papers, HAL (2014) View citations (9)
    Working papers, Banque de France (2014) View citations (9)
20. Illiquidity Contagion and Liquidity Crashes
    Post-Print, HAL View citations (69)
    See also Journal Article Illiquidity Contagion and Liquidity Crashes, The Review of Financial Studies, Society for Financial Studies (2014) View citations (81) (2014)
21. Learning from peers' stock prices and corporate investment
    Post-Print, HAL View citations (94)
    See also Journal Article Learning from peers' stock prices and corporate investment, Journal of Financial Economics, Elsevier (2014) View citations (99) (2014)
22. Toxic Arbitrage
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (21)
    Also in HEC Research Papers Series, HEC Paris (2014) View citations (2)
    Working Papers, HAL (2014)
    See also Journal Article Toxic Arbitrage, The Review of Financial Studies, Society for Financial Studies (2017) View citations (2) (2017)

2013

23. Liquidity Cycles and Make/Take Fees in Electronic Markets
    Post-Print, HAL View citations (60)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (8)
    Working Papers, HAL (2009) View citations (2)
    HEC Research Papers Series, HEC Paris (2009) View citations (3)
    See also Journal Article Liquidity Cycles and Make/Take Fees in Electronic Markets, Journal of Finance, American Finance Association (2013) View citations (69) (2013)
24. Market Liquidity: Theory, Evidence and Policy
    Post-Print, HAL View citations (114)
    See also Book Market Liquidity: Theory, Evidence, and Policy, OUP Catalogue, Oxford University Press (2013) View citations (127) (2013)
25. News Trading and Speed
    HEC Research Papers Series, HEC Paris View citations (11)
    Also in Post-Print, HAL (2012) View citations (6)
    Post-Print, HAL (2012) View citations (7)
    Post-Print, HAL (2012) View citations (6)
    Post-Print, HAL (2012) View citations (6)
    See also Journal Article News Trading and Speed, Journal of Finance, American Finance Association (2016) View citations (104) (2016)

2012

26. Algorithmic trading: issues and preliminary evidence
    Post-Print, HAL View citations (10)
27. Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis
    Working Papers, HAL View citations (74)
    Also in Post-Print, HAL (2011)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (2)
    Post-Print, HAL (2011) View citations (1)
    Post-Print, HAL (2011)
    Post-Print, HAL (2011)
    See also Journal Article Cross-Listing, Investment Sensitivity to Stock Price, and the Learning Hypothesis, The Review of Financial Studies, Society for Financial Studies (2012) View citations (98) (2012)
28. Learning from prices, liquidity spillovers, and endogenous market segmentation
    Working Papers, HAL
29. Market microstructure: confronting many viewpoints
    Post-Print, HAL View citations (11)
30. Reputation-Based Pricing and Price Improvements in Dealership Markets
    Working Papers, HAL
    Also in Post-Print, HAL (2005) View citations (8)
    HEC Research Papers Series, HEC Paris (2002) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (1)
31. Trading Fees and Efficiency in Limit Order Markets
    Post-Print, HAL View citations (51)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (7)
    Working Papers, HAL (2012) View citations (54)
    PSE-Ecole d'économie de Paris (Postprint), HAL (2012) View citations (50)
    See also Journal Article Trading Fees and Efficiency in Limit Order Markets, The Review of Financial Studies, Society for Financial Studies (2012) View citations (64) (2012)

2011

32. Competition for Listings
    Working Papers, HAL
    Also in HEC Research Papers Series, HEC Paris (1999) View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (13)
    Post-Print, HAL (2004) View citations (37)
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
    See also Journal Article Competition for Listings, RAND Journal of Economics, The RAND Corporation (2004) View citations (38) (2004)
33. Dealer Attention, liquidity spillovers, and endogenous market segmentation
    Post-Print, HAL
    Also in Post-Print, HAL (2011)
    Post-Print, HAL (2010)
    Post-Print, HAL (2011)
34. Does anonymity matter in electronic limit order markets ?
    Working Papers, HAL
    Also in Post-Print, HAL (2007) View citations (74)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations (3)
    CFR Working Papers, University of Cologne, Centre for Financial Research (CFR) (2005) View citations (4)
    Post-Print, HAL (2007) View citations (77)
    Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich (2004) View citations (5)
    HEC Research Papers Series, HEC Paris (2003) View citations (4)
    See also Journal Article Does Anonymity Matter in Electronic Limit Order Markets?, The Review of Financial Studies, Society for Financial Studies (2007) View citations (77) (2007)
35. Equity Trading Systems in Europe - A Survey of Recent Changes
    Working Papers, HAL
    Also in HEC Research Papers Series, HEC Paris (1998) View citations (5)
    Post-Print, HAL (2000) View citations (10)
    See also Journal Article Equity Trading Systems in Europe: A Survey of Recent Changes, Annals of Economics and Statistics, GENES (2000) View citations (10) (2000)
36. Imperfect Market Monitoring and SOES Trading
    Working Papers, HAL
    Also in HEC Research Papers Series, HEC Paris (1999)
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (1)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999)
37. Individual Investors and Volatility
    Post-Print, HAL View citations (132)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (3)
    HEC Research Papers Series, HEC Paris (2008) View citations (1)
    Working Papers, HAL (2008) View citations (2)
    See also Journal Article Individual Investors and Volatility, Journal of Finance, American Finance Association (2011) View citations (152) (2011)
38. Information Sharing, Liquidity and Transaction Costs in Floor-based Trading Systems
    Working Papers, HAL View citations (1)
    Also in HEC Research Papers Series, HEC Paris (2001) View citations (4)
    Post-Print, HAL (2003) View citations (6)
    Working Papers, Center for Research in Economics and Statistics (2001) View citations (3)
39. Insiders-Outsiders, Transparency and the Value of the Ticker
    Working Papers, HAL
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2008) View citations (7)
    HEC Research Papers Series, HEC Paris (2008) View citations (7)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (7)
    Working Papers, Queen Mary University of London, School of Economics and Finance (2008) View citations (7)
40. Learning from Prices, Liquidity Spillovers, and Market Segmentation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (20)
41. Limit Order Book as a Market for Liquidity
    Working Papers, HAL View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (34)
    Post-Print, HAL (2005) View citations (259)
    Discussion Paper Series, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem (2003) View citations (19)
    Post-Print, HAL (2005) View citations (259)
    HEC Research Papers Series, HEC Paris (2001) View citations (13)
    See also Journal Article Limit Order Book as a Market for Liquidity, The Review of Financial Studies, Society for Financial Studies (2005) View citations (276) (2005)
42. Linkage Principle, Multi-dimensional Signals and Blind Auctions
    Working Papers, HAL
    Also in HEC Research Papers Series, HEC Paris (2003) View citations (2)
43. Minimum Price Variations, Time Priority and Quote Dynamics
    Working Papers, HAL
    Also in Post-Print, HAL (1999) View citations (32)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1997)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (1996) View citations (3)
    See also Journal Article Minimum Price Variations, Time Priority, and Quote Dynamics, Journal of Financial Intermediation, Elsevier (1999) View citations (41) (1999)
44. Order Flow Composition and Trading Costs in a Dynamic Limit Order Market
    Working Papers, HAL View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations (4)
    Post-Print, HAL (1999) View citations (293)
45. Price Improvements in Financial Markets as a Screening Device
    Working Papers, HAL
    Also in THEMA Working Papers, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise (2001) View citations (1)

2010

46. Competition among markets and liquidity: trading fees matter
    Post-Print, HAL
47. Competition for Order Flow and Smart Order Routing Systems
    Post-Print, HAL
    Also in Post-Print, HAL (2008) View citations (117)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (10)
    HEC Research Papers Series, HEC Paris (2006) View citations (16)
    See also Journal Article Competition for Order Flow and Smart Order Routing Systems, Journal of Finance, American Finance Association (2008) View citations (130) (2008)
48. Les limites de la titrisation
    Post-Print, HAL
49. Limit Order Markets
    Post-Print, HAL View citations (6)
50. Market Transparency
    Post-Print, HAL View citations (4)

2009

51. Chaining up noise traders
    Post-Print, HAL
52. Liquidity Cycles and Made Take Fees in electronics markets
    Post-Print, HAL View citations (2)

2008

53. Stock price informativeness, cross-listings and investment decisions
    Post-Print, HAL View citations (68)
    Also in Post-Print, HAL (2006) View citations (4)
    Post-Print, HAL (2006) View citations (4)
    HEC Research Papers Series, HEC Paris (2006) View citations (10)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations (6)
    See also Journal Article Stock price informativeness, cross-listings, and investment decisions, Journal of Financial Economics, Elsevier (2008) View citations (72) (2008)

2007

54. Consolidation et Fragmentation des Marchés Financiers: Coûts et Bénéfices
    Post-Print, HAL

2006

55. Competition for Order Flow Smart Order Routing Systems
    Post-Print, HAL View citations (6)
    Also in Post-Print, HAL (2006) View citations (6)
56. Liquidité, Coût du capital et organisation de la négociation des valeurs mobilières
    Post-Print, HAL View citations (1)
57. Liquidité, coût du capital et organisation de la négociation des valeurs boursières
    Post-Print, HAL
    See also Journal Article Liquidité, coût du capital et organisation de la négociation des valeurs boursières, Revue d'Économie Financière, Programme National Persée (2006) (2006)

2005

58. Enseignement de la gestion: l'apport de la recherche
    Post-Print, HAL

2003

59. Market Making with Costly Monitoring: An Analysis of the SOES Controversy
    Post-Print, HAL View citations (42)
    Also in Working Papers, HAL (2000)
    HEC Research Papers Series, HEC Paris (2000)
    See also Journal Article Market Making with Costly Monitoring: An Analysis of the SOES Controversy, The Review of Financial Studies, Society for Financial Studies (2003) View citations (54) (2003)

2002

60. Best Execution and Competition between Trading Venues
    Post-Print, HAL

1999

61. Equity Trading Systems in Europe
    Post-Print, HAL View citations (4)

1998

62. Floors, dealer markets and limit order markets
    Post-Print, HAL View citations (32)
    See also Journal Article Floors, dealer markets and limit order markets, Journal of Financial Markets, Elsevier (1998) View citations (32) (1998)

1997

63. Microstructure des marchés financiers: institutions, modèles et tests empiriques
    Post-Print, HAL View citations (8)

1995

64. Implicit collusion on wide spreads
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra

1994

65. Price formation and order placement strategies in a dynamic order driven market
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (8)

1993

66. Asymétries d'information et marchés financiers: une synthèse de la littérature récente
    Post-Print, HAL
    See also Journal Article Asymétrie d’information et marchés financiers: une synthèse de la littérature récente, L'Actualité Economique, Société Canadienne de Science Economique (1993) (1993)

Journal Articles

2024

1. Does Alternative Data Improve Financial Forecasting? The Horizon Effect
   Journal of Finance, 2024, 79, (3), 2237-2287
   See also Working Paper Does Alternative Data Improve Financial Forecasting? The Horizon Effect, CEPR Discussion Papers (2021) View citations (2) (2021)
2. Nonstandard Errors
   Journal of Finance, 2024, 79, (3), 2339-2390
   See also Working Paper Nonstandard Errors, Post-Print (2024) (2024)

2021

3. Demand for Information, Uncertainty, and the Response of U.S. Treasury Securities to News
   (Optimal inattention to the stock market)
   The Review of Financial Studies, 2021, 34, (7), 3403-3455 View citations (5)
   See also Chapter Demand for Information, Uncertainty, and the Response of US Treasury Securities to News, NBER Chapters, 2021, 3403-3455 (2021) View citations (10) (2021)
4. Inventory Management, Dealers' Connections, and Prices in Over‐the‐Counter Markets
   Journal of Finance, 2021, 76, (5), 2199-2247 View citations (7)

2019

5. Corporate Strategy, Conformism, and the Stock Market
   The Review of Financial Studies, 2019, 32, (3), 905-950 View citations (5)
   See also Working Paper Corporate Strategy, Conformism, and the Stock Market, Swiss Finance Institute Research Paper Series (2018) View citations (1) (2018)
6. Noisy Stock Prices and Corporate Investment
   The Review of Financial Studies, 2019, 32, (7), 2625-2672 View citations (37)
   See also Working Paper Noisy Stock Prices and Corporate Investment, Swiss Finance Institute Research Paper Series (2018) View citations (14) (2018)

2018

7. Data abundance and asset price informativeness
   Journal of Financial Economics, 2018, 130, (2), 367-391 View citations (36)
   See also Working Paper Data Abundance and Asset Price Informativeness, CEPR Discussion Papers (2016) View citations (5) (2016)

2017

8. 12e atelier annuel de banque centrale sur la microstructure des marchés financiers - 29-30 septembre 2016, Banque de France
   Bulletin de la Banque de France, 2017, (210), 35-43
9. 12th Annual Central Bank Workshop on the Microstructure of Financial Markets 29-30 September 2016, Banque de France (Non-technical summary)
   Quarterly selection of articles - Bulletin de la Banque de France, 2017, (45), 23-30
10. Toxic Arbitrage
    The Review of Financial Studies, 2017, 30, (4), 1053-1094 View citations (2)
    See also Working Paper Toxic Arbitrage, CEPR Discussion Papers (2014) View citations (21) (2014)

2016

11. News Trading and Speed
    Journal of Finance, 2016, 71, (1), 335-382 View citations (104)
    See also Working Paper News Trading and Speed, HEC Research Papers Series (2013) View citations (11) (2013)
12. Where are the risks in high frequency trading?
    Financial Stability Review, 2016, (20), 53-67 View citations (2)

2015

13. Equilibrium fast trading
    Journal of Financial Economics, 2015, 116, (2), 292-313 View citations (165)
    See also Working Paper Equilibrium fast trading, Post-Print (2015) View citations (155) (2015)

2014

14. HFT and Market Quality
    Bankers, Markets & Investors, 2014, (128), 5-19 View citations (50)
15. Illiquidity Contagion and Liquidity Crashes
    The Review of Financial Studies, 2014, 27, (6), 1615-1660 View citations (81)
    See also Working Paper Illiquidity Contagion and Liquidity Crashes, Post-Print (2014) View citations (69) (2014)
16. Learning from peers' stock prices and corporate investment
    Journal of Financial Economics, 2014, 111, (3), 554-577 View citations (99)
    See also Working Paper Learning from peers' stock prices and corporate investment, Post-Print (2014) View citations (94) (2014)
17. Sale of Price Information by Exchanges: Does It Promote Price Discovery?
    Management Science, 2014, 60, (1), 148-165 View citations (11)

2013

18. Liquidity Cycles and Make/Take Fees in Electronic Markets
    Journal of Finance, 2013, 68, (1), 299-341 View citations (69)
    See also Working Paper Liquidity Cycles and Make/Take Fees in Electronic Markets, Post-Print (2013) View citations (60) (2013)

2012

19. Cross-Listing, Investment Sensitivity to Stock Price, and the Learning Hypothesis
    The Review of Financial Studies, 2012, 25, (11), 3305-3350 View citations (98)
    See also Working Paper Cross-Listing, Investment Sensitivity to Stock Price and the Learning Hypothesis, Working Papers (2012) View citations (74) (2012)
20. Trading Fees and Efficiency in Limit Order Markets
    The Review of Financial Studies, 2012, 25, (11), 3389-3421 View citations (64)
    See also Working Paper Trading Fees and Efficiency in Limit Order Markets, Post-Print (2012) View citations (51) (2012)

2011

21. Individual Investors and Volatility
    Journal of Finance, 2011, 66, (4), 1369-1406 View citations (152)
    See also Working Paper Individual Investors and Volatility, Post-Print (2011) View citations (132) (2011)

2008

22. Competition for Order Flow and Smart Order Routing Systems
    Journal of Finance, 2008, 63, (1), 119-158 View citations (130)
    See also Working Paper Competition for Order Flow and Smart Order Routing Systems, Post-Print (2010) (2010)
23. Stock price informativeness, cross-listings, and investment decisions
    Journal of Financial Economics, 2008, 88, (1), 146-168 View citations (72)
    See also Working Paper Stock price informativeness, cross-listings and investment decisions, Post-Print (2008) View citations (68) (2008)

2007

24. Does Anonymity Matter in Electronic Limit Order Markets?
    The Review of Financial Studies, 2007, 20, (5), 1707-1747 View citations (77)
    See also Working Paper Does anonymity matter in electronic limit order markets ?, Working Papers (2011) (2011)

2006

25. Liquidity, cost of capital and the organization of trading in stock markets
    Revue d'Économie Financière, 2006, 82, (1), 113-123
26. Liquidité, coût du capital et organisation de la négociation des valeurs boursières
    Revue d'Économie Financière, 2006, 82, (1), 123-138
    See also Working Paper Liquidité, coût du capital et organisation de la négociation des valeurs boursières, Post-Print (2006) (2006)

2005

27. Limit Order Book as a Market for Liquidity
    The Review of Financial Studies, 2005, 18, (4), 1171-1217 View citations (276)
    See also Working Paper Limit Order Book as a Market for Liquidity, Working Papers (2011) View citations (1) (2011)
28. Reputation-based pricing and price improvements
    Journal of Economics and Business, 2005, 57, (6), 493-527 View citations (16)

2004

29. Competition for Listings
    RAND Journal of Economics, 2004, 35, (2), 329-355 View citations (38)
    See also Working Paper Competition for Listings, Working Papers (2011) (2011)

2003

30. Market Making with Costly Monitoring: An Analysis of the SOES Controversy
    The Review of Financial Studies, 2003, 16, (2), 345-384 View citations (54)
    See also Working Paper Market Making with Costly Monitoring: An Analysis of the SOES Controversy, Post-Print (2003) View citations (42) (2003)

2000

31. Equity Trading Systems in Europe: A Survey of Recent Changes
    Annals of Economics and Statistics, 2000, (60), 73-115 View citations (10)
    See also Working Paper Equity Trading Systems in Europe - A Survey of Recent Changes, Working Papers (2011) (2011)

1999

32. Minimum Price Variations, Time Priority, and Quote Dynamics
    Journal of Financial Intermediation, 1999, 8, (3), 141-173 View citations (41)
    See also Working Paper Minimum Price Variations, Time Priority and Quote Dynamics, Working Papers (2011) (2011)
33. Order flow composition and trading costs in a dynamic limit order market1
    Journal of Financial Markets, 1999, 2, (2), 99-134 View citations (315)

1998

34. Floors, dealer markets and limit order markets
    Journal of Financial Markets, 1998, 1, (3-4), 253-284 View citations (32)
    See also Working Paper Floors, dealer markets and limit order markets, Post-Print (1998) View citations (32) (1998)

1993

35. Asymétrie d’information et marchés financiers: une synthèse de la littérature récente
    L'Actualité Economique, 1993, 69, (1), 8-44
    See also Working Paper Asymétries d'information et marchés financiers: une synthèse de la littérature récente, Post-Print (1993) (1993)

Books

2013

1. Market Liquidity: Theory, Evidence, and Policy
   OUP Catalogue, Oxford University Press View citations (127)
   See also Working Paper Market Liquidity: Theory, Evidence and Policy, Post-Print, HAL (2013) View citations (114) (2013)

Chapters

2021

1. Demand for Information, Uncertainty, and the Response of US Treasury Securities to News
   A chapter in Big Data: Long-Term Implications for Financial Markets and Firms, 2021, pp 3403-3455 View citations (10)
   See also Journal Article Demand for Information, Uncertainty, and the Response of U.S. Treasury Securities to News, Society for Financial Studies (2021) View citations (5) (2021)

Editor

1. HEC Research Papers Series
   HEC Paris