Bloomberg and FAZ Cite efl Paper

Micha Bender and Co-Authors' Closing Auction Paper Is Cited
Monday, 06. May 2024

Bloomberg and FAZ Cite efl Paper

Micha Bender and Co-Authors' Closing Auction Paper Is Cited
Micha Bender and Co-Authors' Closing Auction Paper Is Cited by FAZ and Bloomberg.

Bloomberg and FAZ cite the efl Paper "Shifting Volumes to the Close: Consequences for Price Discovery and Market Quality", which is available here. Micha Bender, Benjamin Clapham, and Benedikt Schwemmlein investigate the massive shift of trading volumes from continuous trading into the closing auction and the effects of these shifts to the efficiency of closing price determination and market quality in continuous trading. Congratulations!

Both news links are available here:

Bloomberg: https://www.bloomberg.com/news/articles/2024-04-29/stocks-trade-for-390-minutes-a-day-increasingly-only-10-matter

FAZ: https://www.faz.net/aktuell/finanzen/wall-street-warum-bald-nur-noch-zehn-minuten-wichtig-sein-koennten-19686770.html

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