Autor:	Iryna Veryzhenko, Stéphane Thomas-Simonpoli
Rok vydání:	2016
Předmět:	Transaction cost Focus (computing) Bond market Business Monetary economics Bid price Database transaction Market maker Market liquidity Variety (cybernetics)
Zdroj:	SSRN Electronic Journal.
ISSN:	1556-5068
DOI:	10.2139/ssrn.3577145
Popis:	The purpose of this document is to review a variety of liquidity measures actively used by academics and practitioners, and to stress their advantages and limits. We focus on bond market that is an Over-The-Counter (OTC) dealer market. In a typical OTC transaction, a buyer or seller contacts an inter-mediating agent (market maker), who proposes bid and ask prices and quantities.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c9681cbd2811400ab6f1f21807c3a09f https://doi.org/10.2139/ssrn.3577145 Zobrazit plný text záznamu