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The Operators in Search of Liquidity

Georges Ugeux

A chapter in Wall Street’s Assault on Democracy, 2023, pp 65-68 from Springer

Abstract: 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.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-29094-7_10

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DOI: 10.1007/978-3-031-29094-7_10

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