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The value of the designated market maker

Venkataraman, Kumar; Waisburd, Andrew C. - In: Journal of financial and quantitative analysis : JFQA 42 (2007) 3, pp. 735-758

Persistent link: https://www.econbiz.de/10003527806

Performance of institutional trading desks : an analysis of persistence in trading costs

Anand, Amber; Irvine, Paul; Puckett, Andy; … - In: The review of financial studies 25 (2012) 2, pp. 557-598

Persistent link: https://www.econbiz.de/10009515804

Institutional order handling and broker-affiliated trading venues

Anand, Amber; Samadi, Mehrdad; Sokobin, Jonathan; … - In: The review of financial studies 34 (2021) 7, pp. 3364-3402

Persistent link: https://www.econbiz.de/10012546384

Market conditions, fragility, and the economics of market making

Anand, Amber; Venkataraman, Kumar - In: Journal of financial economics 121 (2016) 2, pp. 327-349

Persistent link: https://www.econbiz.de/10011590773

Liquidity Provision Contracts and Market Quality : Evidence from the New York Stock Exchange

Bessembinder, Hendrik - 2019

We exploit a discontinuity in the New York Stock Exchange Designated Market Maker (DMM) contract to identify causal effects of DMM participation on equilibrium market outcomes. We document that contractual features that enhance DMM participation are associated with increased depth, narrower...

Persistent link: https://www.econbiz.de/10012902434

Liquidity provision contracts and market quality : evidence from the New York stock exchange

Bessembinder, Hendrik; Hao, Jia; Zheng, Kuncheng - In: The review of financial studies 33 (2020) 1, pp. 44-74

Persistent link: https://www.econbiz.de/10012135543