A Theory of Participation in OTC and Centralized Markets

DOI10.1093/RESTUD/RDAC010MaRDI QIDQ5058196zbMATH OpenFDO

Authors Jérôme Dugast, Semih Üslü, Pierre-Olivier Weill

Publication date 19 December 2022

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1093/RESTUD/RDAC010

zbMATH Keywords

composition externalitiesgovernment interventionheterogeneityintermediationOTC markets

Mathematics Subject Classification ID

Financial markets (91G15)

Recommendations

• Entry and exit in OTC derivatives markets
• Periodic, complete-participation trade in the Lagos-Rocheteau model
• Trading and information diffusion in over-the-counter markets
• A model of secular migration from centralized to decentralized trade
• Counterparty risk externality: centralized versus over-the-counter markets

Cited in

(6)

• A model of secular migration from centralized to decentralized trade
• Counterparty risk externality: centralized versus over-the-counter markets
• Markets for financial innovation
• Entry and exit in OTC derivatives markets
• Instability of centralized markets
• Periodic, complete-participation trade in the Lagos-Rocheteau model

This page was built for publication: A Theory of Participation in OTC and Centralized Markets

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5058196)