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1 ) In Kyle ( 1 9 8 5 ) , market depth _ _ _ _ _ _ _ in the degree of information
In Kyle market depth in the degree of information asymmetry andin the variance of noise trading.
In Kyle the expected profit of the informed traderin the variance of noise trading and in the degree of information asymmetry.
In Kyle informed trader trades more aggressively when the variance of noise trading and the degree of information asymmetry
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