The Microstructure of European Bond Markets Organization, Price Formation, and Cost of Liquidity /

• Κύριος συγγραφέας: Flögel, Volker (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Wiesbaden : Gabler, 2006.
• Θέματα: Finance.; Finance, general.

The volumes outstanding in bond markets are by far larger than in equity markets. Despite this fact, research on the microstructure of financial markets is mainly focused on equity markets. Because of the differences between bond and equity markets, theoretical as well as empirical results from equi...

Πίνακας περιεχομένων:

• The Organizational Structure of the Secondary Market for Federal Securities: Historically grown! Economically justified?
• Interdealer versus Customer-Dealer Sphere: Information Processing in Decentralized Multiple-Dealership Markets
• Institutional Trading Costs in European Corporate Bond Markets
• Summary, Conclusion, and Further Research.