By
Charlie Clarke
"On the London Stock Exchange, 50 percent of listed stocks account for only 1.5 percent of trading volume, and over 1000 listed stocks average less than one trade a day. On the New York Stock Exchange, it is common for individual stocks not to trade for days or even weeks at a time, while one stock in London never traded in an eleven year period."
Easley, Kiefer, O'Hara, and Paperman (1996)
Charlie Clarke
"On the London Stock Exchange, 50 percent of listed stocks account for only 1.5 percent of trading volume, and over 1000 listed stocks average less than one trade a day. On the New York Stock Exchange, it is common for individual stocks not to trade for days or even weeks at a time, while one stock in London never traded in an eleven year period."
Easley, Kiefer, O'Hara, and Paperman (1996)
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