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Tekijä: | Dumitrescu, A. |
Otsikko: | Liquidity and optimal market transparency |
Lehti: | European Financial Management
2010 : SEP, VOL. 16:4, p. 599-623 |
Asiasana: | liquidity markets strategic management models |
Vapaa asiasana: | market transparency strategic specialist |
Kieli: | eng |
Tiivistelmä: | The author explores some of the consequences of greater market transparency for market performance in the presence of a strategic specialist and based on authorĀ“s the model.in this article summarizes the concept that an intermediate level of transparency can improve market performance relative to the more extreme cases of full transparency or no transparency at all. |
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