Trading Strategies and Market Microstructure: Evidence from a Prediction Market
Trading Strategies and Market Microstructure: Evidence from a Prediction Market – David M. Rothschild, Microsoft Research – NYC; Rajiv Sethi; Barnard College, Columbia University; Santa Fe Institute. September 8, 2013 “We examine transaction-level data from Intrade’s presidential winner market for the two weeks immediately preceding the November 2012 election. The data allow us to compute …