Dark Markets: Asset Pricing and Information Transmission in Over-the-Counter Markets

Dark Markets: Asset Pricing and Information Transmission in Over-the-Counter Markets

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36.48 Dark Markets: Asset Pricing and Information Transmission in Over-the-Counter Markets http://covers.feedbooks.net/item/176641.jpg?t=1404407865 http://www.feedbooks.com/item/176641/dark-markets?utm_medium=uwishlist&utm_source=amazon

Over-the-counter (OTC) markets for derivatives, collateralized debt obligations, and repurchase agreements played a significant role in the global financial crisis. Rather than being traded through a centralized institution such as a stock exchange, OTC trades are negotiated privately between market participants who may be unaware of prices that are currently available elsewhere in the market. In these relatively opaque markets, investors can be in the dark about… (more)

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Book Details  


Publisher: Princeton University Press (December 19, 2011)

Format: EPUB

Page count: 184 pages

File size: 1.4 MB

Protection: DRM

Language: English


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