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The Economics of Over-the-Counter Markets
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The Economics of Over-the-Counter MarketsAuthor: Julien Hugonnier ISBN: 9780691236285 Publisher: Princeton University Press Year first published: 20 Aug 2025 Pages: 368 Format: Hardback An essential primer on an important yet understudied type of financial market Many 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
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