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determinedby different investor clienteles with different liquidity needs.[...] …
Persistent link: https://www.econbiz.de/10008911533
intermediation to arrangetrades. We provide empirical evidence that liquidity in the voice brokered market varieswith the particulars … of the CDS contracts and that the differences in market structure isreflected in the costs of liquidity. Moreover, the … brokered and direct interdealer tradingmarkets seem to be well integrated; thus the higher liquidity costs in the brokered …
Persistent link: https://www.econbiz.de/10008911538
perspective of global liquidity. The CRT market is enormouslygrowing and exhibits major structural shifts in terms of buyers and … sellers ofprotection. I try to address these issues from an options perspective by suggestingthat liquidity providing can be … se, as oftenclaimed, which causes liquidity related systemic risk, but rather the potential coordinationfailures of the …
Persistent link: https://www.econbiz.de/10005867875
Ausschuss durch seineForderungen in Form der „Sound Practices for Managing Liquidity in Banking Organisations”und die nationalen … demInstrumentarium des Liquidity at Risk auf, welcher den mit vorgegebener Wahrscheinlichkeitmaximal zu erwartenden Liquiditätsbedarf …
Persistent link: https://www.econbiz.de/10005868114
-linear relationship between the leverage ratio and liquidity holdings. Dividendpayments and operating cash flows are positively related to …
Persistent link: https://www.econbiz.de/10005868195