Dark markets [electronic resource] : asset pricing and information transmission in over-the-counter markets / Darrell Duffie.
"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...
Saved in:
| Online Access: |
Full Text (via ProQuest) |
|---|---|
| Main Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Princeton :
Princeton University Press,
©2012.
|
| Series: | Princeton lectures in finance.
|
| Subjects: |
Table of Contents:
- 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.