(In)efficiencies of current financial market infrastructures: an empirical assessment
Abstract We use unique individual bank-to-bank repo transaction data to empirically assess the efficiency of the existing Swiss financial market infrastructure (FMI) for executing delivery versus payment transactions. This approach enables us to identify its current benefits and drawbacks as well as...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2022-11-01
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| Series: | Swiss Journal of Economics and Statistics |
| Subjects: | |
| Online Access: | https://doi.org/10.1186/s41937-022-00098-0 |