Estimation of market immediacy by Coefficient of Elasticity of Trading three approach
This paper promulgates an innovative measure of market immediacy; that is, Coefficient of Elasticity Trading Three (CET3). The data from Nairobi Securities Exchange has been used to estimate market immediacy (proxied by three versions of CET; that is, CET1, CET2 and CET3). On the other hand, macroec...
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| Format: | Article |
| Language: | English |
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KeAi Communications Co., Ltd.
2018-09-01
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| Series: | Journal of Finance and Data Science |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405918817300740 |