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...Overview market structure issues in liquidity maureen o hara the behaviour of prices and even viability markets depend on ability trading mechanism to match desires sellers buyers this matching process involves provision role maker providing is widely recognised but can also arise from other aspects particular rules practices governing such as how orders are submitted what information must be disclosed affect creation raises question whether changes enhance there a golconda exchange that provides optimal microstructure related part broader analysis refers study outcomes exchanging assets under specific set while much economics abstracts mechanics theory focuses mechanisms price formation literature has focused setting problem confronting intermediaries walrasian auctioneer simplest oldest characterisation announces potential range traders determine their order at if imbalances demands supplies new suggested then revise any no takes place until clearing found london gold fixing loosely ...