This paper extends current literature on price clustering in Bitcoin market. We analyze
intraday data of various time frames and document evidence of clustering for open, high and …

This paper examines the empirical literature on individual equity options, discussing results
in areas of consensus, showing findings in areas of disagreement and providing a guide for …

The price clustering phenomenon manifesting itself as an increased occurrence of specific
prices is widely observed and well documented for various financial instruments and …

Purpose The authors of this study aim to investigate possible explanations of the prevalence
of price clustering in the final offer prices of mergers and acquisitions (M&A) …

In a perfectly liquid market, investors' optimal allocation decisions refer to maximizing all
three dimensions of liquidity, namely immediacy, width and depth. To the extent that …

Abstract On June 2, 2009, NYSE LIFFE Amsterdam reduced the tick size for options trading
at prices below€ 0.20 from€ 0.05 to€ 0.01 and on April 1, 2010, the exchange increased the …

Understanding why market manipulation is conducted, under which conditions it is the most
profitable and investigating the magnitude of these practices are crucial questions for …

In this paper we analyze the stock pinning effect after the introduction of weekly equity
options. We show that stock pinning remains pervasive on the expiration days of monthly …

This paper investigates the impact of institutional trading activity on stock pinning effect for
both monthly and weekly equity options. After the introduction of weekly options over seven …

Understanding of how prices and other measures of value are established and change is
critical to modern economics. Specifically, price stickiness often observed in goods and …