The Effect of Liquidity of Market-Maker Revenues and Inventories : Evidence from TAIEX Options Market
碩士 === 國立高雄第一科技大學 === 金融理財研究所 === 100 === The inventories and revenue of market maker could explain the time variation in liquidity, and the results support the financing constraints story for liquidity provider. We employ the TXO intraday data from 2002 to 2007 to explore the relationship between i...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2012
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| Online Access: | http://ndltd.ncl.edu.tw/handle/97785202867665304003 |