FinTech, Fractional Trading, and Order Book Dynamics: A Study of US Equities Markets

This study investigates how the rise of commission-free FinTech platforms and the introduction of fractional trading (FT) have altered trading behavior and order book dynamics in the NASDAQ equity market. Leveraging high-frequency ITCH data from highly capitalized stocks—AAPL, AMZN, GOOG, and TSLA—w...

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Bibliographic Details
Main Authors: Janhavi Shankar Tripathi, Erick W. Rengifo
Format: Article
Language:English
Published: MDPI AG 2025-04-01
Series:FinTech
Subjects:
Online Access:https://www.mdpi.com/2674-1032/4/2/16
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