How Do the Lengths of the Lead Lag Time between Stocks Evolve? Tick-by-tick Level Measurements across Two Decades

There has been an extraordinary decrease in order execution time on stock exchanges in the past two decades. A related question is whether there has been a similar reduction in orders of magnitude for the lengths of the lead lag time between stocks. If the answer is affirmative, and the lengths of t...

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Bibliographic Details
Main Author: Bing Anderson
Format: Article
Language:English
Published: University of Warsaw 2022-11-01
Series:Journal of Banking and Financial Economics
Online Access:https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1011&context=jbfe
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