The New Realities of Market Structure and Liquidity: Where Have We Been? Where are We Going?

Chester Spatt

Chapter 13 in Public Policy & Financial Economics:Essays in Honor of Professor George G Kaufman for His Lifelong Contributions to the Profession, 2018, pp 247-263 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionRegulation NMS“Make-take” or “Take-make” Pricing: Equilibrium and IncentivesSpeed and TradingPilot Analyses and PolicyConcluding CommentsReferences

Keywords: Financial Markets; Financial Policy; Resolution; Financial Economics; Regulation; Asset Bubbles; Market Structure and Liquidity; Central Banking; Financial Regulation (search for similar items in EconPapers)
JEL-codes: G38 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (4)

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