transaction costs

Maker-Taker Fees and Liquidity: The Role of Commission Structures

Joint with Katya Malinova (McMaster).

Informed Liquidity Provision in a Limit Order Market

*Journal of Financial Markets*, 2021, 52(January), 100566 (Lead Article).

Liquid Speed: a Micro-Burst Fee for Low-Latency Exchanges

Joint with Marius Zoican (Rotman).

On-Demand Market-Access, Fast Trading and the Role of Decentralized Exchanges

Joint with Marius Zoican (Rotman).