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Trading Activity and Transaction Costs in Structured Credit Products

Authors: Bessembinder, Hendrik; Maxwell, William F.; Venkataraman, Kumar;

Trading Activity and Transaction Costs in Structured Credit Products

Abstract

contrast, other financial markets—including equities, Treasuries, and, more recently, corporate and municipal bonds—provide market participants with timely information regarding completed transactions. In this study, our goal was to provide the first systematic look at the workings of the secondary market in SCPs, including estimation of the costs that customers pay to execute trades. We also compared SCPs with the corporate bond market to develop insights into potential market outcomes should post

Country
United States
Related Organizations
Keywords

mortgage-backed, 330, Transparency, ABS, MBS, asset-backed, Structured Products, Finance

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    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
35
Top 10%
Top 10%
Top 10%
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