Which Inter-Dealer Market Prevails? An Analysis of Inter-Dealer Trading in Opaque Markets
Preprint
- 1 January 1998
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
A number of dealership markets share three common features: customer-dealer trades remain undisclosed, inter-dealer trading forms a substantial part of total trKeywords
All Related Versions
This publication has 26 references indexed in Scilit:
- Price, trade size, and information in securities marketsPublished by Elsevier ,2002
- Price Formation and Equilibrium Liquidity in Fragmented and Centralized MarketsThe Journal of Finance, 1993
- What's special about the specialist?Journal of Financial Economics, 1992
- Anonymity in securities marketsJournal of Financial Intermediation, 1992
- Time and the Process of Security Price AdjustmentThe Journal of Finance, 1992
- Multimarket Trading and Market LiquidityThe Review of Financial Studies, 1991
- Microstructure Theory and the Foreign Exchange MarketPublished by Federal Reserve Bank of St. Louis ,1991
- A Theory of Intraday Patterns: Volume and Price VariabilityThe Review of Financial Studies, 1988
- Bid, ask and transaction prices in a specialist market with heterogeneously informed tradersJournal of Financial Economics, 1985
- The Effect of Interdealer Brokerage on the Transactional Characteristics of Dealer MarketsThe Journal of Business, 1978