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Institutional Trading Increases
In 1961, institutions accounted for only 37.7 percent of the value of NYSE public volume; by 1988 this share increased to 81.8 percent.
View ArticleBlock Trades make up only 3% of NYSE volume
One benchmark of institutional activity is the number of block trades (defined as transactions of 10,000 shares or more), because block trades are primarily executed by institutions rather than...
View ArticleBlack and Scholes' Option Pricing Modules
Black and Scholes' fundamental work on option pricing models provided the foundation not only for computer-based trading strategies, but also for the index futures contract and index arbitrage.
View ArticleSecurities Acts Amendments
The growth in institutional ownership and trading put tremendous pressure on the existing market structure. The problems concerning fixed commissions, perceived liquidity, and market fragmentation...
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