Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange

Volume: 4 Number: 4 December 1, 2014
  • Emna Rouetbi
  • Chokri Mamoghli
EN

Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange

Abstract

In recent years, researches on microstructure have experienced considerable extensions. A major question that still has no precise answer is about measuring liquidity. Several measures were proposed in the literature in order to assess and understand this concept. This diversity of measures emanates from the main feature of liquidity which is multidimensionality. However, measuring liquidity constitutes the starting point for every research in this area. Indeed, the purpose of the present paper is to revisit the most complete measure of the intraday liquidity i.e. VNET and its main properties within an emerging market setting that is the Tunis Stock exchange.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Emna Rouetbi This is me

Chokri Mamoghli This is me

Publication Date

December 1, 2014

Submission Date

December 1, 2014

Acceptance Date

-

Published in Issue

Year 2014 Volume: 4 Number: 4

APA
Rouetbi, E., & Mamoghli, C. (2014). Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange. International Journal of Economics and Financial Issues, 4(4), 920-929. https://izlik.org/JA92TA67PM
AMA
1.Rouetbi E, Mamoghli C. Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange. IJEFI. 2014;4(4):920-929. https://izlik.org/JA92TA67PM
Chicago
Rouetbi, Emna, and Chokri Mamoghli. 2014. “Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange”. International Journal of Economics and Financial Issues 4 (4): 920-29. https://izlik.org/JA92TA67PM.
EndNote
Rouetbi E, Mamoghli C (December 1, 2014) Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange. International Journal of Economics and Financial Issues 4 4 920–929.
IEEE
[1]E. Rouetbi and C. Mamoghli, “Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange”, IJEFI, vol. 4, no. 4, pp. 920–929, Dec. 2014, [Online]. Available: https://izlik.org/JA92TA67PM
ISNAD
Rouetbi, Emna - Mamoghli, Chokri. “Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange”. International Journal of Economics and Financial Issues 4/4 (December 1, 2014): 920-929. https://izlik.org/JA92TA67PM.
JAMA
1.Rouetbi E, Mamoghli C. Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange. IJEFI. 2014;4:920–929.
MLA
Rouetbi, Emna, and Chokri Mamoghli. “Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange”. International Journal of Economics and Financial Issues, vol. 4, no. 4, Dec. 2014, pp. 920-9, https://izlik.org/JA92TA67PM.
Vancouver
1.Emna Rouetbi, Chokri Mamoghli. Measuring Liquidity in an Emerging Market: The Tunis Stock Exchange. IJEFI [Internet]. 2014 Dec. 1;4(4):920-9. Available from: https://izlik.org/JA92TA67PM