Model Shows Network Density Affects Derivatives Trade Costs

Mark Paddrik and Stathis Tompaidis

No 24-01, The OFR Blog from Office of Financial Research, US Department of the Treasury

Abstract: In OTC markets, dealers facilitate trade by providing liquidity. This paper presents a model and empirical results that link dealers’ relationships to liquidity.

Keywords: credit default swaps; dealers; intermediation costs; liquidity; OTC trading networks (search for similar items in EconPapers)
Date: 2024-01-24
New Economics Papers: this item is included in nep-mst and nep-net
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.financialresearch.gov/the-ofr-blog/202 ... vatives-trade-costs/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ofr:ofrblg:24-01

Access Statistics for this paper

More papers in The OFR Blog from Office of Financial Research, US Department of the Treasury Contact information at EDIRC.
Bibliographic data for series maintained by Corey Garriott ().