Arbitrage and liquidity are interrelated. Liquidity facilitates arbitrageurs’ trading on deviations from the law of one … price. However, whether arbitrage opportunity leads to an increase or decrease in liquidity depends on the cause of the … arbitrage and liquidity influence each other in the world’s largest platinum futures markets on exchanges in New York and Tokyo …

Arbitrage and liquidity are interrelated. Liquidity facilitates arbitrageurs' trading on deviations from the law of one … price. However, whether arbitrage opportunity leads to an increase or decrease in liquidity depends on the cause of the … arbitrage and liquidity influence each other in the world's largest platinum futures markets on exchanges in New York and Tokyo …

changes in financial intermediaries' balance sheets for the supply of credit, liquidity and asset prices, and, consequently …

changes in financial intermediaries’ balance sheets for the supply of credit, liquidity and asset prices, and, consequently …

We develop a model of financially constrained arbitrage, and use it to study the dynamics of arbitrage capital …, liquidity, and asset prices. Arbitrageurs exploit price discrepancies between assets traded in segmented markets, and in doing … so provide liquidity to investors. A collateral constraint limits their positions as a function of capital. We show that …

, indicating that speculators may dominate arbitrageurs. While spreads have narrowed as the market has matured, liquidity and … speculators and of informed trading in Taiwan's futures market using intraday data during the five-day pre-expiration period. We … demonstrate that liquidity, volatility, and informed trading are each significantly positively related to spread magnitude …

phenomenon: (a) activists select times of higher liquidity when they trade, and (b) activists use limit orders. We conclude that …

We examine the economic mechanisms that limited arbitrage between the cash and forward markets of agency MBS, and … liquidity shock. Dealers provided liquidity by increasing both their long cash and short forward positions significantly, but … subject to Basel III liquidity regulations increased their positions more than others. The basis narrowed by about $0 …

Financial market liquidity has become increasingly fragmented across multiple trading platforms. We propose an … effectively providing intermediation services (i.e. “liquidity"). Our market quality measure is equal to the additional … proxies. The model is especially well-suited to study the contagion-like effects of liquidity shocks. …