Financial Intermediaries and Liquidity Creation

• 1 March 1990
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 45  (1) , 49-71
• https://doi.org/10.2307/2328809

Abstract

Keywords

• INFORMATION ASYMMETRIES
• INSURANCE
• PAYMENTS
• FINANCIAL INTERMEDIARIES
• LIQUIDITY CREATION
• CREATION TRADING
• TRADING LOSSES
• SECURITIES
• BANK