On the Nature of Trading: Do Speculators Leave Footprints?

The paper describes how two types of traders, marketmakers and speculators, establish their positions and manage their risk exposure. We show that balance sheets are insufficient to determine whether a trader is a marketmaker or a speculator.(...)

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Year of publication:	2002-08-01
Authors:	Silber, Wiliam L.
Publisher:	Salomon Center <New York, NY>
Subject:	Wertpapierhandel \| Spekulation \| speculation \| Typologie \| Typology

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Extent:	46080 bytes 20 p. application/pdf
Series:	NYU Salomon Center for the Study of Financial Institutions - Publications Arbeitspapier - NYU Salomon Center for the Study of Financial Institutions - Asset Management ; SC-AM-02-03
Type of publication:	Book / Working Paper
Language:	English
Classification:	Financial theory ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005846571