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Common scaling patterns in intertrade times of U. S. stocks

Common scaling patterns in intertrade times of U. S. stocks

We analyze the sequence of time intervals between consecutive stock trades of thirty companies representing eight sectors of the U.S. economy over a period of 4 yrs. For all companies we find that: (i) the probability density function of intertrade times may be fit by a Weibull distribution, (ii) when …