We use a novel dataset to examine the impact of exposing institutional orders to electronic liquidity providers (ELPs … liquidity fees on exchanges. This routing decision results in lower net effective spreads for these child orders, but leads to …

GLOBAL FINANCE LIQUIDITY RISK REVISITED: Development of A Framework for Liquidity Assessment in Portfolio Construction … Liquidity Risk Revisited: JP Morgan Alternative Assets Portfolio Liquidity Assessment Framework & Models: $500 Billion Fund of … current relevance and interest in the ongoing state of Global Financial Markets wherein Liquidity Risk is playing a central …

GLOBAL FINANCE LIQUIDITY RISK REVISITED: JP Morgan Alternative Assets Portfolio Liquidity Assessment Framework & Models … & Portfolio Managers JP Morgan Portfolio Liquidity Assessment Framework & ModelsPortfolio Assets Modeled: 17 Asset Classes: Hedge … Guided Teams of Quants, Portfolio Managers and Managing Directors: Built Liquidity Risk Modeling System for Deployment by the …

In this paper, we investigate the effects of international cross-listings on commonality in liquidity. We find that … cross-listings have asymmetric effects on cross-listed stocks' liquidity commonality that include reducing the stocks …' liquidity commonality with the local market and increasing the stocks' liquidity commonality with the host market. We also find …

This paper examines the determinants and pricing of liquidity commonality using intraday data from 39 markets over 15 … years. We show that liquidity commonality is driven by both market-level and firm-level factors. Liquidity commonality is … information environments. Liquidity commonality is also affected by cultural and behavioral factors, including individualism and …

accurate asset evaluations; (iv) funding liquidity risk is a partial explanation of these findings. …