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The Operators in Search of Liquidity

In: Wall Street’s Assault on Democracy

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  • Georges Ugeux

Abstract

The world of market operators is sometimes difficult to discern and is not characterized by its transparency. For the sake of simplicity, I will distinguish the operators whose job is to trade on behalf of investors, without forgetting that investors and issuers are the most important liquidity providers. Traders do not act with the objective of becoming shareholders, and they only remain owners of financial assets for a noticeably brief time. They are not investors. They are the powerful force behind liquidity and volatility.

Suggested Citation

  • Georges Ugeux, 2023. "The Operators in Search of Liquidity," Springer Books, in: Wall Street’s Assault on Democracy, pages 65-68, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-29094-7_10
    DOI: 10.1007/978-3-031-29094-7_10
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