Dark Markets: Asset Pricing and Information Transmission in Over-The-Counter Markets

by Darrell Duffie

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A concise introduction to modeling over-the-counter markets

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...

Format:Hardcover

Language:English

ISBN:0691138966

ISBN13:9780691138961

Release Date:January 2012

Publisher:Princeton University Press

Length:128 Pages

Weight:0.70 lbs.

Dimensions:0.6" x 6.4" x 9.3"

Related Subjects

Business Business & Investing Economics

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Dark Markets: Asset Pricing and Information Transmission in Over-The-Counter Markets

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