Format:
1 Online-Ressource (xv, 95 pages)
ISBN:
9781400840519
,
1400840511
,
9780691138961
,
0691138966
Series Statement:
Princeton lectures in finance
Content:
"Over-the-counter (OTC) markets for derivatives, collateralized debt obligations, and repurchase agreements played a significant role in the global financial crisis. Rather than being traded through a centralized institution such as a stock exchange, OTC trades are negotiated privately between market participants who may be unaware of prices that are currently available elsewhere in the market. In these relatively opaque markets, investors can be in the dark about the most attractive available terms and who might be offering them"--Provided by publisher.
Content:
1. Over-the-Counter Markets -- 2. The Case of Federal Funds Lending -- 3. Search for Counterparties -- 4. A Simple OTC Pricing Model -- 5. Information Percolation in OTC Markets
Note:
Includes bibliographical references and index
,
English
Additional Edition:
ISBN 9780691138961
Additional Edition:
Erscheint auch als Druck-Ausgabe Duffie, Darrell, 1954 - Dark markets Princeton, N.J. [u.a.] : Princeton Univ. Press, 2012 ISBN 9780691138961
Additional Edition:
ISBN 0691138966
Additional Edition:
Erscheint auch als Druck-Ausgabe Duffie, Darrell Dark markets Princeton : Princeton University Press, ©2012
Language:
English
Subjects:
Economics
Keywords:
Außerbörslicher Wertpapierhandel
;
Capital-Asset-Pricing-Modell
URL:
Volltext
(lizenzpflichtig)
Author information:
Duffie, Darrell 1954-
