摘要翻译：
本文运用极值理论对限价指令和市价指令的尾部风险进行了度量和比较。该分析使用Dealing 2000-2电子经纪系统，根据已完成的交易，而不是更常见的指示性报价分析，审查已实现的尾盘结果。一般而言，限价指令和市价指令表现出大致相似的尾部行为，但限价指令的尾部比市价指令重得多，尾部分位数也比市价指令大得多。
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英文标题：
《The tail risks of FX return distributions: a comparison of the returns
  associated with limit orders and market orders》
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作者：
john cotter and kevin dowd
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最新提交年份：
2011
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分类信息：

一级分类：Quantitative Finance        数量金融学
二级分类：Statistical Finance        统计金融
分类描述：Statistical, econometric and econophysics analyses with applications to financial markets and economic data
统计、计量经济学和经济物理学分析及其在金融市场和经济数据中的应用
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英文摘要：
  This paper measures and compares the tail risks of limit and market orders using Extreme Value Theory. The analysis examines realised tail outcomes using the Dealing 2000-2 electronic broking system based on completed transactions rather than the more common analysis of indicative quotes. In general, limit and market orders exhibit broadly similar tail behaviour, but limit orders have significantly heavier tails and larger tail quantiles than market orders.
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PDF链接：
https://arxiv.org/pdf/1103.5661