by siteadmin | Nov 1, 2014 | Learn more
Market-makers serve a crucial role in financial markets by providing liquidity to facilitate market efficiency and functioning. Post crisis, several developments suggest that the behaviour of these liquidity providers may change. Such changes and their potential...
by siteadmin | Jan 16, 2013 | Learn more
As of June 2012 there was $8.5 trillion of US corporate debt outstanding. But, relative to equity markets, the microstructure of the US corporate bond market has been under-researched. Dealers in the bond market have reduced their inventories substantially since...
by siteadmin | Jan 1, 2013 | Learn more
Since the 2008 financial crisis, there have been a number of developments in financial markets, such as new regulations, changes in market structure, and technological advancements. To varying degrees, these developments have had an impact on the landscape and...
by siteadmin | Aug 1, 2012 | Learn more
Transparency is always an important element pertaining to market design. While many have explored the importance and the consequence of bringing post-trade transparency to over-the-counter (OTC, henceforth) markets, almost no research has been done to understand how...
