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Author:Manzano, C.
Title:The effect of the transparency of order flows in a dealer market with several securities
Journal:Journal of Financial Intermediation
2002 : APR. VOL. 11:2, p. 212-227
Index terms:ASYMMETRIC INFORMATION
DEALERS
SECURITIES
TRADING
Freeterms:ORDER FLOWS
TRANSPARENCY
Language:eng
Abstract:This paper compares two trading mechanisms in a dealer market with several securities exhibiting asymmetric information and imperfect competition. These two market structures differ in the information received by market-makers.
SCIMA record nr: 233396
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