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Preferencing and Dealer Inventory

Author

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  • Laurence Lescourret

    (Crest)

  • Christian Y, Robert

    (Crest)

Abstract

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Suggested Citation

  • Laurence Lescourret & Christian Y, Robert, 2002. "Preferencing and Dealer Inventory," Working Papers 2002-54, Center for Research in Economics and Statistics.
    • Handle: RePEc:crs:wpaper:2002-54
    as

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    References listed on IDEAS

    as
    1. Mark Klock & D. Timothy McCormick, 2002. "The Effect of Market Structure on the Incentives to Quote Aggressively: An Empirical Study of Nasdaq Market Makers," The Financial Review, Eastern Finance Association, vol. 37(3), pages 403-419, August.
    2. Christie, William G & Schultz, Paul H, 1994. "Why Do NASDAQ Market Makers Avoid Odd-Eighth Quotes?," Journal of Finance, American Finance Association, vol. 49(5), pages 1813-1840, December.
    3. Biais, Bruno, 1993. "Price Information and Equilibrium Liquidity in Fragmented and Centralized Markets," Journal of Finance, American Finance Association, vol. 48(1), pages 157-185, March.
    4. Eric Maskin & John Riley, 2000. "Asymmetric Auctions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(3), pages 413-438.
    5. Stoll, Hans R, 1978. "The Pricing of Security Dealer Services: An Empirical Study of NASDAQ Stocks," Journal of Finance, American Finance Association, vol. 33(4), pages 1153-1172, September.
    Full references (including those not matched with items on IDEAS)

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