Competition for Order Flow and the Theory of Global Games (English, Jutta Dönges)
by Jutta Dönges
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Book Details
Publisher
Deutscher Universitatsverlag
Language
English
ISBN-13
9783824474264
ISBN-10
3824474263
Author
Jutta Dönges
About the Book
The proliferation of alternative trading systems has increased competition for order flow in financial markets significantly and renewed the debate on fragmentation versus consolidation. Market microstructure models that analyze liquidity-based intermarket competition typically exhibit multiple equilibria, making it difficult to determine whether fragmentation or consolidation of order flow will occur. Jutta A. D�nges applies the recently develop…
ISBN: 9783824474264
ISBN-13: 9783824474264
ISBN-10: 3824474263
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Product ID: isbn-9783824474264
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