VARIABLE QUANTITY MARKET CLEARING ALGORITHMS
Published in Griffith Research Online (Griffith University, Queensland, Australia) • Aug 21, 2018
NobleIDNI3P49W95R96S30
Authors:,
Jarrod Trevathan
Wayne Read
Abstract
Market clearing is the process of matching buy and sell bids in securities markets. The allocative efficiency of such algorithms is important, as the Auctioneer is typically paid a commission on the number of bids matched and the volume of quantity traded. Previous algorithms have concentrated on pr...
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