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Board, John, Villa, Anne and Wells, Stephen (1998) Liquidity in second tier equity markets: evidence from London's Alternative Investment Market (AIM). Financial Markets Group Discussion Papers (301). Financial Markets Group, The London School of Economics and Political Science, London, UK.
Board, John, Sutcliffe, Charles and Wells, Stephen (2002) Transparency and fragmentation: financial market regulation in a dynamic environment. LSE Financial Markets Group special paper series. (144). Palgrave Macmillan, London. ISBN 9780333986349