Market makers on financial markets often act as competitiors and step into cooperations with each other at the same time. Primarily, they quote prices for investors, thus providing liquidity on the customer market. But they also trade with each other in order to reduce their inventory risk. The...

Market makers on financial markets often act as competitiors and step into cooperations with each other at the same time. Primarily, they quote prices for investors, thus providing liquidity on the customer market. But they also trade with each other in order to reduce their inventory risk. The...

A tanulmány hozzájárulás kíván lenni a Scitovsky által bevezetett, címben jelzett fogalmak tartalmi tisztázásához, értelmezéséhez. Arra vállalkozom, hogy körüljárjam: pontosan mit is kell (vagy inkább célszerû) érteni árelfogadó/ármeghatározó szereplõk alatt,...