Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10012180524
Persistent link: https://www.econbiz.de/10012193903
This paper examines the effects of public news releases on the market liquidity in one of the most important OTC derivatives markets — the CDS market. We document that, at the time of news releases, the bid-ask spread is wider, the number of quotes is larger, and the number of dealers is...
Persistent link: https://www.econbiz.de/10012858085