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pre-set amount D Question 23 15 po Kervel and Menkveld (2019) find the HFTS leading block traders to incur large institutional orders on their orders

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pre-set amount D Question 23 15 po Kervel and Menkveld (2019) find the HFTS leading block traders to incur large institutional orders on their orders "lean against the wind" around; no price impact "go with the wind around" larger permanent price impact O "go with the wind" around; temporary price impact front-run; significant losses

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