Katya Malinova

McMaster University - Michael G. DeGroote School of Business

1280 Main Street West

Hamilton, Ontario L8S 4M4

Canada

SCHOLARLY PAPERS

15

DOWNLOADS
Rank 5,947

SSRN RANKINGS

Top 5,947

in Total Papers Downloads

7,832

SSRN CITATIONS
Rank 5,575

SSRN RANKINGS

Top 5,575

in Total Papers Citations

90

CROSSREF CITATIONS

125

Scholarly Papers (15)

1.

Market Design with Blockchain Technology

Number of pages: 40 Posted: 30 May 2016 Last Revised: 27 Jul 2017
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 2,554 (5,417)
Citation 47

Abstract:

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market design, trading, blockhchain, distributed ledger, transparency

2.

Do Retail Investors Suffer from High Frequency Traders?

Number of pages: 52 Posted: 06 Dec 2012 Last Revised: 11 Jan 2018
Katya Malinova, Andreas Park and Ryan Riordan
McMaster University - Michael G. DeGroote School of Business, University of Toronto - Finance Area and Queen's University - Smith School of Business
Downloads 1,454 (13,660)
Citation 50

Abstract:

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high frequency trading, message tax, market quality, retail traders

Subsidizing Liquidity: The Impact of Make/Take Fees on Market Quality

Journal of Finance, Forthcoming
Number of pages: 44 Posted: 28 Apr 2011 Last Revised: 11 Jan 2018
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 297 (111,397)
Citation 7

Abstract:

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Liquidity credits, market quality, trading, make/take fees, maker-taker, rebates, bid-ask spread

Subsidizing Liquidity: The Impact of Make/Take Fees on Market Quality

Journal of Finance, Forthcoming, AFA 2012 Chicago Meetings Paper
Number of pages: 44 Posted: 21 Mar 2011 Last Revised: 10 Sep 2014
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 296 (111,796)
Citation 8

Abstract:

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Liquidity credits, market quality, trading, make/take fees, maker-taker, rebates, bid-ask spread

Subsidizing Liquidity: The Impact of Make/Take Fees on Market Quality

Journal of Finance, Forthcoming, Paris December 2011 Finance Meeting EUROFIDAI - AFFI
Number of pages: 44 Posted: 14 Oct 2011 Last Revised: 10 Sep 2014
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 89 (313,827)
Citation 23

Abstract:

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Liquidity credits, market quality, trading, make/take fees, maker-taker, rebates, bid-ask spread

4.

Tokenomics: When Tokens Beat Equity

Number of pages: 37 Posted: 02 Dec 2018 Last Revised: 06 Dec 2018
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 580 (50,992)
Citation 25

Abstract:

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blockchain, cryptoeconomics, ICO, FinTech, coin offerings, capital structure, optimal contracts, moral hazard, cryptocurrency, tokens

5.

Dark Trading on Public Exchanges

Number of pages: 45 Posted: 03 Dec 2012 Last Revised: 23 Feb 2013
Sean Foley, Katya Malinova and Andreas Park
Macquarie University, McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 515 (58,973)
Citation 9

Abstract:

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dark trading, midpoint orders, limit order book trading

6.

Informed Trading and Maker-Taker Fees in a Low-Latency Limit Order Market

Number of pages: 49 Posted: 20 Nov 2012 Last Revised: 06 Nov 2013
Michael Brolley and Katya Malinova
Wilfrid Laurier University and McMaster University - Michael G. DeGroote School of Business
Downloads 470 (66,051)
Citation 16

Abstract:

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Maker-Taker Fees, Informed Trading, Low-Latency Trading, Limit Order Book

7.

Regulating Dark Trading: Order Flow Segmentation and Market Quality

FIRN Research Paper No. 2755392
Number of pages: 50 Posted: 31 Mar 2016 Last Revised: 10 Jun 2017
Carole Comerton-Forde, Katya Malinova and Andreas Park
UNSW Business School, McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 450 (69,657)
Citation 14

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dark trading, high frequency trading, retail investors, trade-at rule, price improvement, segmentation, internalization

Liquidity, Volume and Price Efficiency: The impact of order vs. Quote Driven Trading

Journal of Financial Markets, Forthcoming
Number of pages: 39 Posted: 17 Mar 2010 Last Revised: 29 Jul 2012
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 229 (145,776)

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market microstructure, trading volume, liquidity, dealer market, limit order book

Liquidity, Volume and Price Efficiency: The Impact of Order vs. Quote Driven Trading

EFA 2009 Bergen Meetings Paper
Number of pages: 39 Posted: 19 Feb 2009 Last Revised: 30 Jul 2012
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 158 (204,705)
Citation 1

Abstract:

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order and quote driven trading, dealer market, execution costs

9.

The Impact of Competition and Information on Intraday Trading

Number of pages: 39 Posted: 01 Feb 2008 Last Revised: 10 Jan 2014
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 302 (110,036)
Citation 1

Abstract:

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Trading, Market Participation, Intraday Patterns, Heterogeneous Information

10.

Economics of Technology, Securities and Capital Markets

Number of pages: 48 Posted: 10 Oct 2019
Katya Malinova
McMaster University - Michael G. DeGroote School of Business
Downloads 148 (215,885)

Abstract:

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FinTech, digital transformation, blockchain, distributed ledgers, ICOs, machine learning, artificial intelligence, high-frequency trading

11.

Informed Liquidity Provision in a Limit Order Market

Number of pages: 45 Posted: 03 Jan 2018 Last Revised: 21 Apr 2020
Michael Brolley and Katya Malinova
Wilfrid Laurier University and McMaster University - Michael G. DeGroote School of Business
Downloads 121 (252,742)
Citation 3

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Limit Order Book, Informed Trading, Transaction Costs, Low-Latency Trading

12.

Why Allow Internalization?

Number of pages: 44 Posted: 30 Jul 2012
Katya Malinova
McMaster University - Michael G. DeGroote School of Business
Downloads 107 (275,861)

Abstract:

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internalization, transparency, limit order book, price discovery, liquidity

13.

'Sniping' in Fragmented Markets

Number of pages: 46 Posted: 20 May 2020
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 54 (408,075)

Abstract:

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Sniping, Microstructure, High-Frequency Trading, Market Making

14.

Snowbirds in Securities Trading: Canadian Brokers' U.S.-Bound Order Routing

Number of pages: 42 Posted: 04 Mar 2020
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area
Downloads 8 (648,623)

Abstract:

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cross-listed securities, cross-market trading, microstructure

15.

Trading Volume in Dealer Markets

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Posted: 06 May 2009
Katya Malinova and Andreas Park
McMaster University - Michael G. DeGroote School of Business and University of Toronto - Finance Area

Abstract:

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market microstructure, trading volume, liquidity