Han et al., 2024 - Google Patents
Institutional brokerage networks: Facilitating liquidity provisionHan et al., 2024
View PDF- Document ID
- 1927839640371703546
- Author
- Han M
- Kim S
- Nanda V
- Publication year
- Publication venue
- The Review of Financial Studies
External Links
Snippet
We argue that institutional brokerage networks facilitate liquidity provision and mitigate the price impact of large non-information-motivated trades. Using commissions, we map trading networks of mutual funds (institutions) and their brokers. Central funds (institutions) tend to …
- 230000003993 interaction 0 abstract description 30
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