The Demand for Immediacy on the Australian Stock Exchange (ASX)
This report contains the analysis1 of the results of a detailed questionnaire that was sent to the sixty-two largest institutional investors in Australia. While the analysis is based on the responses of thirty domestic institutions providing a response rate of 48%, these thirty institutions accounted for approximately 80% of the equity assets under management by domestic institutions.
KeywordsInstitutional Investor Large Order Liquidity Constraint Index Future Market Impact
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- 1.“Equity trading III—Institutional Investor Trading Practices and Preferences”, in Ben Steil (ed), The European Equity Markets—The State of the Union and a Agenda for the Millennium, London—European Capital Market Institute and the Royal Institute of International Affairs 1996.Google Scholar
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