haku: @author Eldor, R. / yhteensä: 3
viite: 2 / 3
| Tekijä: | Brenner, M. Eldor, R. Hauser, S. |
| Otsikko: | The price of options illiquidity |
| Lehti: | Journal of Finance
2001 : APR, VOL. 56:2, p. 789-805 |
| Asiasana: | CENTRAL BANKS CURRENCY FINANCIAL MARKET TRADING LIQUIDITY OPTIONS |
| Kieli: | eng |
| Tiivistelmä: | The purpose of this paper is to examine the effect of illiquidity on the value of currency options. The authors use a dataset that allows them to explore this issue in special circumstances where options are issued by a central bank and are not traded prior to maturity. The value of these options is compared to similar options traded on the exchange. |
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