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Over-the-Counter Markets

Darrell Duffie

in Dark Markets: Asset Pricing and Information Transmission in Over-the-Counter Markets

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691138961
eISBN:
9781400840519
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691138961.003.0001
Subject:
Economics and Finance, Financial Economics

This chapter introduces the institutional setting of over-the-counter (OTC) markets and raises some of the key conceptual issues associated with market opaqueness. An OTC market does not use a ... More


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