Competing for Order Flow in OTC Markets
收藏NBER2014-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w20608
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资源简介:
We develop a model of a two-sided asset market in which trades are intermediated by dealers and are bilateral. Dealers compete to attract order flow by posting the terms at which they execute trades-- which can include prices, quantities, and execution speed--and investors direct their orders toward
提供机构:
美国国家经济研究局
创建时间:
2014-10-01



