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The accuracy of spread decomposition models in capturing informed trades: Evidence from the London Stock Exchange and behavioural implications (2017)
Journal Article
Gregoriou, A., & Rhodes, M. (2017). The accuracy of spread decomposition models in capturing informed trades: Evidence from the London Stock Exchange and behavioural implications. Review of Behavioural Finance, 9(1), 2-13. doi:10.1108/rbf-02-2017-0016

Purpose – The purpose is to examine the empirical relationship between trades undertaken by informed agents (managers) and the proxies for informed trades computed by bid-ask spread decomposition models. Design/methodology/approach – An econometric a... Read More about The accuracy of spread decomposition models in capturing informed trades: Evidence from the London Stock Exchange and behavioural implications.

Liquidity and market efficiency in the world's largest carbon market (2015)
Journal Article
Ibikunle, G., Gregoriou, A., Hoepner, A. G. F., & Rhodes, M. (2016). Liquidity and market efficiency in the world's largest carbon market. The British accounting review, 48(4), 431-447. https://doi.org/10.1016/j.bar.2015.11.001

We investigate liquidity and market efficiency on the world's largest carbon exchange, IntercontinentalExchange Inc.’s European Climate Exchange (ECX), by using intraday short-horizon return predictability as an inverse indicator of market efficiency... Read More about Liquidity and market efficiency in the world's largest carbon market.

A gravitational model of international retail market selection (2011)
Journal Article
Alexander, N., Rhodes, M., & Myers, H. (2011). A gravitational model of international retail market selection. International Marketing Review, 28(2), (183-200). doi:10.1108/02651331111122669. ISSN 0265-1335

Purpose: The increasingly important role of international retail companies in the distribution and marketing of goods highlights important gaps in the literature. One of these gaps concerns a scientifically based understanding of the key, underlying... Read More about A gravitational model of international retail market selection.

Open interest, cross listing, and information shocks (2010)
Journal Article
Rhodes, M., Aguenaou, S., & Gwilym, O. A. (2011). Open interest, cross listing, and information shocks. Journal of Futures Markets, 31(8), 755-778. doi:10.1002/fut.20494

This study examines the characteristics and behavior of the demand for hedging, proxied by open interest, for the cross-listed Euribor futures contract traded at Euronext-LIFFE and Eurex. The study is unique in its investigation of the simultaneous d... Read More about Open interest, cross listing, and information shocks.