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Tekijä: | Manzano, C. |
Otsikko: | The effect of the transparency of order flows in a dealer market with several securities |
Lehti: | Journal of Financial Intermediation
2002 : APR. VOL. 11:2, p. 212-227 |
Asiasana: | ASYMMETRIC INFORMATION DEALERS SECURITIES TRADING |
Vapaa asiasana: | ORDER FLOWS TRANSPARENCY |
Kieli: | eng |
Tiivistelmä: | 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