team

E-Finance Lab Team

Dr. Marco Lutat

Organizations:

  • Professur für Betriebswirtschaftslehre, insbesondere e-Finance

Projects:

  • E-Finance Lab - Layer 2

Homepage: http://efinance.wiwi.uni-frankfurt.de/index.php?id=197

Publications | Presentations

Publications:

2013

Gomber, P.; Haferkorn, M.; Lutat, M.; Zimmermann, K. (2013)

The Effect of Single-Stock Circuit Breakers on the Quality of Fragmented Markets

In: Lecture Notes in Business Information Processing (LNBIP), 135, Eds.: F. A. Rabhi & P. Gomber, pp. 71-87; Springer, Berlin

Category: Publications in journals

Reference No.: 2013-2033

2012

Mazur, J.; Lutat, M. (2012)

Does stock exchange M&A pay off for shareholders?

In: Working Paper

Category: Miscellaneous

Reference No.: 2012-1970

Gomber, P.; Haferkorn, M.; Lutat, M.; Zimmermann, K. (2012)

Single Stock Circuit Breakers - Issues in Fragmented Markets

In: Frontiers of Finance 2012; Warwick, U.K.

Category: Proceedings

Reference No.: 2012-1965

Haferkorn, M.; Lutat, M.; Zimmermann, K. (2012)

The Effect of Single-Stock Circuit Breakers on the Quality of Fragmented Markets

In: FinanceCom 2012; Barcelona, Spain

Category: Proceedings

Reference No.: 2012-1939

Gomber, P.; Lutat, M.; Haferkorn, M.; Zimmermann, K. (2012)

Circuit Breakers in Fragmented Markets – An Assessment

In: 9th International Conference on Business and Finance; Hyderabad, India

Category: Proceedings [Find it]

Reference No.: 2012-1891

Gomber, P.; Lutat, M.; Haferkorn, M.; Zimmermann, K. (2012)

Circuit Breakers - Evidence on Trading Migration in Fragmented Markets

In: BIT - Banking and Information Technology

Category: Publications in scientific journals

Reference No.: 2012-1913

2011

Gomber, P.; Lutat, M.; Weber, M. (2011)

The impact of MiFID on market quality

In: 15th International Business Research Conference; Sydney, Australia

Category: Proceedings

Reference No.: 2011-1890

Lutat, M. (2011)

Competition, Fragmentation and Transaction Costs in Securities Trading

Category: Dissertation thesis

Reference No.: 2011-1858

Arndt, B.; Gomber, P.; Lutat, M.; Uhle, T. (2011)

High-Frequency Trading - A European Perspective

In: HoF Quarterly 02/2011, pp. 9-10; Frankfurt

Category: Other publications

Reference No.: 2011-1846

Gomber, P.; Arndt, B.; Lutat, M.; Uhle, T. (2011)

High Frequency Trading

In: Study Report

Category: Miscellaneous [Find it]

Reference No.: 2011-1814

Chlistalla, M.; Lutat, M. (2011)

Competition in Securities Markets: The Impact on Liquidity

In: Financial Markets and Portfolio Management 25(2), pp. 149-172

Category: Publications in scientific journals [Find it]

Reference No.: 2011-1791

Gomber, P.; Gsell, M.; Lutat, M. (2011)

Competition among electronic markets and market quality

In: 14th Conference of the Swiss Society for Financial Market Research (SGF); Zurich, Switzerland

Category: Proceedings [Find it]

Reference No.: 2011-1775

Gomber, P.; Gsell, M.; Lutat, M. (2011)

The quality of European equity markets after MiFID

In: Lazzari, V. (Ed.), Trends in the European Securities Industry; EGEA, Milan, pp. 179-200

Category: Book

Reference No.: 2011-1774

Gomber, P.; Lutat, M.; Pierron, A.; Weber, M. (2011)

Shedding Light on the Dark – OTC Equities Trading in Europe

In: Journal of Trading, Vol. 6, Issue 1, pp. 74-86

Category: Publications in scientific journals [Find it]

Reference No.: 2011-1773

Gomber, P.; Gsell, M.; Lutat, M. (2011)

Competition among electronic markets and market quality

In: 2011 Eastern Finance Association (EFA) Annual Meetings; Savannah, GA, USA

Category: Proceedings

Reference No.: 2011-1772

2010

Ende , B.; Gomber, P.; Lutat, M.; Weber, M. (2010)

A methodology to assess the benefits of smart order routing

In: Proceedings of the International Federation for Information Processing (IFIP) I3E 2010 conference; Buenos Aires, Argentina

Category: Proceedings

Reference No.: 2010-1672

Ende , B.; Lutat, M. (2010)

Trade-throughs in European cross-traded equities after transaction costs-empirical Evidence for the EURO STOXX 50

In: 2nd International Conference: The Industrial Organisation of Securities Markets: Competition, Liquidity and Network Externalities; Frankfurt

Category: Proceedings

Reference No.: 2010-1621

Lutat, M. (2010)

The Effect of Maker-Taker Pricing on Market Liquidity in Electronic Trading Systems - Empirical Evidence from European Equity Trading

In: 8th INFINITI Conference on International Finance; Dublin, Ireland

Category: Proceedings

Reference No.: 2010-1586

Lutat, M. (2010)

The Effect of Maker-Taker Pricing on Market Liquidity in Electronic Trading Systems - Empirical Evidence from European Equity Trading

In: Midwest Finance Association 59th Annual Meeting; Las Vegas, NV, USA

Category: Proceedings

Reference No.: 2010-1585

2009

Chlistalla, M.; Lutat, M. (2009)

The Impact of new Execution Venues on European Equity Markets’ Liquidity – The Case of Chi-X

In: Value Creation in E-Business Management, 15th Americas Conference on Information Systems AMCIS 2009; SIGeBIZ track, Springer LNBIP, pp. 218-230

Category: Book

Reference No.: 2009-1479

Ende , B.; Gomber, P.; Lutat, M. (2009)

Smart Order Routing Technology in the New European Equity Trading Landscape

In: Software Services for e-Business and e-Society, 9th IFIP WG 6.1 Conference, I3E 2009; Proceedings, pp. 197-209, Springer, Boston

Category: Book

Reference No.: 2009-1373

Lutat, M.; Chlistalla, M. (2009)

Liquidity in times of competition - Evidence from the European stock market

In: Proceedings of the 13th Pacific Asia Conference on Information Systems (PACIS); Hyderabad, India

Category: Proceedings

Reference No.: 2009-1329

Chlistalla, M.; Lutat, M. (2009)

The Impact of new Execution Venues on European Equity Markets’ Liquidity – The Case of Chi-X

In: Proceedings of the Fifteenth Americas Conference on Information Systems (AMCIS); San Francisco, California, USA

Category: Proceedings [Find it]

Reference No.: 2009-1307

Ende , B.; Gomber, P.; Lutat, M. (2009)

The Economic Value of Smart Order Routing in European Equity Trading

In: Proceedings of the 5th International Finance Conference; Hammamet, Tunisia

Category: Proceedings

Reference No.: 2009-1271

2008

Gomber, P.; Lutat, M.; Wranik, A. (2008)

Flexible Volume Weighted Average Price Executions

In: EFL Quarterly 02/2008, pp. 6-8

Category: Other publications

Reference No.: 2008-1113

Gomber, P.; Lutat, M.; Wranik, A. (2008)

Flexible VWAP Executions in Electronic Trading

In: Proceedings of the Fourteenth Americas Conference on Information Systems (AMCIS); Toronto, Canada

Category: Proceedings [Find it]

Reference No.: 2008-1003

Gomber, P.; Lutat, M.; Wranik, A. (2008)

Flexible VWAP Executions in Electronic Trading

In: Lecture Notes in Business Information Processing (LNBIP), 4, Ed: Veit, D.J., pp. 1-14; Springer, Berlin

Category: Publications in journals [Password Protected Download] (Please contact the author)

Reference No.: 2008-960

Gomber, P.; Lutat, M.; Schubert, S. (2008)

Capital Markets in the Gulf: International Access, Electronic Trading and Regulation

In: Seese, Detlef; Weinhardt, Christof; Schlottmann, Frank (eds.): Handbook on Information Technology in Finance, pp. 141-170; Springer, Berlin

Category: Chapter in book [Password Protected Download] (Please contact the author) [Find it]

Abstract

Reference No.: 2008-84

2007

Gomber, P.; Lutat, M. (2007)

Applying Pricing Engineering for Electronic Financial Markets

In: Electronic Markets, Vol. 17, Issue 4, pp. 298-308

Category: Publications in scientific journals [Password Protected Download] (Please contact the author)

Reference No.: 2007-769

2006

Gsell, M.; Lutat, M.; Steenbergen, J. (2006)

NYSE Hybrid Market Model – Implikationen für den deutschen Finanzmarkt

In: Working Paper

Category: Working papers

Reference No.: 2006-577

Presentations:

2011

21. June

Lutat, M.

Competition, Fragmentation and Transaction Costs in Securities Trading

In: Forschungskolloquium Finanzen, Rechnungswesen, Steuern im Forschungsschwerpunkt Governance; Georg-August-Universität Göttingen

10. January

Lutat, M.

Competition among electronic markets and market quality

In: EFL Jour Fixe; Frankfurt

[Find it]

2010

27. February

Lutat, M.

The Effect of Maker-Taker Pricing on Market Liquidity in Electronic Trading Systems - Empirical Evidence from European Equity Trading

In: Midwest Finance Association 59th Annual Meeting; Las Vegas, NV, USA

03. February

Lutat, M.; Pujol, G.

Smart Order Routing and Best Execution Policies

In: BHF-Bank; Frankfurt

2009

23. October

Ende , B.; Gomber, P.; Lutat, M.

The Economic Value of Smart Order Routing in Europen Equity Trading

In: CFS – Deutsche Börse Roundtable; Frankfurt

20. October

Lutat, M.

The Economic Value of Smart Order Routing in European Equity Trading

In: Jour Fixe Institute of Business Informatics; Frankfurt

24. September

Lutat, M.

Smart Order Routing Technology in the New European Equity Trading Landscape

In: IFIP I3E 2009; Nancy, France

11. July

Lutat, M.

Liquidity in Times of Competition – Evidence from the European Stock Market

In: 13th Pacific Asia Conference on Information Systems; Hyderabad, India

13. March

Lutat, M.

The Economic Value of Smart Order Routing in European Equity Trading

In: 5th International Finance Conference; Hammamet, Tunisia

2008

15. October

Gomber, P.; Lutat, M.

The Economic Value of Smart Order Routing in European Equity Trading

In: Meeting with CMCRC Sydney (A. Furche); Sydney, Australia

02. July

Gomber, P.; Lutat, M.

Trade throughs and arbitrage in European cross-traded equities

In: Meeting with CMCRC Sydney (A. Ruf); Frankfurt

18. April

Gomber, P.; Lutat, M.

Trade throughs and arbitrage in European cross-traded equities

In: Project Kick-off with CMCRC Sydney (A. Furche); Frankfurt

2007

08. December

Lutat, M.

Flexible VWAP Executions in Electronic Trading

In: 3rd International Workshop on Enterprise Applications and Services in the Finance Industry, FinanceCom 2007; Montreal, Canada

26. April

Lutat, M.

Applying Pricing Engineering for Exchanges in Emerging Econimies

In: 5th International Business Research Conference; Dubai 2007

08. February

Knoll, C.; Lutat, M.; Späthe, S.

Do spin-offs generate value? An analysis for UK from 1987-2004

In: Doctoral Seminar; Riezlern, Austria