Titlebook: Empirical Research on the German Capital Market; Wolfgang Bühler (Lehrstuhl für Finanzierung),Herbe Conference proceedings 1999 Springer-V

BRAND

思想上升

Market Structure and Bid-Ask Spreadas been done on the German market. The purpose of the present study is to shed additional light on this issue by comparing bid-ask spreads for a matched sample of U.S. and German stocks and by relating any spread differences to differences in market structure.

Endemic

Statutory Induced Switching into a New Marketg were viewed as being inadequate to satisfy the objectives. But successful new segments at other European exchanges centered the German discussion on the question of how the market structure should be changed to create more incentives for firms to go public and have their shares traded on a stock exchange.

AER

Contributions to Management Sciencehttp://image.papertrans.cn/e/image/308880.jpg

策略

978-3-7908-1193-3Springer-Verlag Berlin Heidelberg 1999

结合

Fortify

boisterous

争吵加

灾难

Analysis of the Call Policy of Bund, Bahn, and Post in the German Bond MarketIt is well understood that the call feature of a callable bond can be regarded as the issuer’s option to redeem the bond prematurely. Typically, this call option can be exercised at a finite number of points of time with possibly varying call premia.