Still Double Counting :-[
Subject: Double Counting
Date: Thu, 25 Sep 1997 11:56:59 -0400
From: "Hashimoto, Tomoko" <HashimoT@nasd.com>
To: "'emory@sprintmail.com'" <emory@sprintmail.com>
Emory - Thank you for your e-mail.
I received a feedback from our Econ Resarch as follows:
Basically, the way trades are reported, it's very difficult to determine. There has not been an in-depth data analysis on this since there is no number crunching that this requires.
Hope it helps a bit...
Nasdaq Webmaster
----------
From: Emory Alexander[SMTP:emory@sprintmail.com]
Sent: Tuesday, September 23, 1997 12:07 PM
To: Hashimoto, Tomoko
Subject: Re: Double Counting
Thank you very much for your help. You stated:
>>The difference lies in the percentage of cases that there are not investors on both sides of the trade, on Nasdaq that percentage is higher, and thus the "double counting" will occur more frequently.<<
Do you happen to know, on average, what the Nasdaq 'double counting' percentage is?
Thanks again
Emory Alexander |
