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  • The Economics of Over-the-Counter Markets

    A Toolkit for the Analysis of Decentralized Exchange

    An essential primer on an important yet understudied type of financial marketMany of the largest financial markets in the world do not organize trade through an exchange but rather operate within a decentralized or over-the-counter (OTC) structure. Understanding how these markets work has become increasingly important in recent years, as illiquidity in certain OTC markets has appeared as the first ... Read more

    $35.99 USD