Do dealer firms manage inventory on a stock-by-stock or a portfolio basis?

Journal of Financial Economics

Volumn 69, Issue 2, 2003, Pages 325-353

  Naik, Narayan Y ^a   Yadav, Pradeep K ^b  

^a LONDON BUSINESS SCHOOL   (United Kingdom)

^b UNIVERSITY OF STRATHCLYDE   (United Kingdom)

Author keywords

Correlated risk exposure; Dealer firm; Effective spreads; Equivalent inventory; Unhedgeable risk

Indexed keywords

EID: 0037699599     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-405X(03)00115-6     Document Type: Article

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