An Intraday Pricing Model of Foreign Exchange Markets /

An Intraday Pricing Model of Foreign Exchange Markets /

Market makers learn about asset values as they set intraday prices and absorb portfolio flows. Absorbing these flows causes inventory imbalances. Previous work has argued that market makers change prices to manage incoming flows and offset inventory imbalances. This study argues that they have multi...

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Bibliografiske detaljer
Hovedforfatter:	Romeu, Rafael
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2003.
Serier:	IMF Working Papers; Working Paper ; No. 2003/115
Online adgang:	Full text available on IMF

Lignende værker

Jumps, Martingales, and Foreign Exchange Futures Prices /
af: Hu, Zuliu
Udgivet: (1996)

A Puzzle of Microstructure Market Maker Models /
af: Romeu, Rafael
Udgivet: (2004)

Exchange Arrangements and Foreign Exchange Markets : Developments and Issues.
Udgivet: (2003)

Real Exchange Rates and Commodity Prices in Neoclassical Model.
Udgivet: (1988)

Explaining Foreign Exchange Market Puzzles /
af: Miller, Norman
Udgivet: (1999)

Pricing to Market and the Real Exchange Rate /
af: Faruqee, Hamid
Udgivet: (1995)

The Domestic and Foreign Price Gaps in the P-STAR Model : Evidence from Spain /
af: Garcia-Herrero, Alicia
Udgivet: (1999)

Infrequent Large Nominal Devaluations and their Impacton the Futures Prices for Foreign Exchange in Brazil.
Udgivet: (1996)

Official Foreign Exchange Intervention /
af: Canales Kriljenko, Jorge
Udgivet: (2006)

Dealing with foreign exchange reserves
af: Islam, M. Shahidul
Udgivet: (2014)

Official Intervention in the Foreign Exchange Market : Elements of Best Practice /
af: Canales Kriljenko, Jorge
Udgivet: (2003)

Foreign Exchange Intervention : A Shield Against Appreciation Winds? /
af: Adler, Gustavo
Udgivet: (2011)

Foreign Exchange Intervention : A Dataset of Public Data and Proxies /
af: Adler, Gustavo
Udgivet: (2021)

The Cost of Foreign Exchange Intervention : Concepts and Measurement /
af: Adler, Gustavo
Udgivet: (2016)

Bidder Participation and Information in Currency Auctions /
af: Romeu, Rafael
Udgivet: (2005)

Vacation Over : Implications for the Caribbean of Opening U.S.-Cuba Tourism /
af: Romeu, Rafael
Udgivet: (2008)

Did Export Diversification Soften the Impact of the Global Financial Crisis? /
af: Romeu, Rafael
Udgivet: (2011)

Excess Volatility and the Asset-Pricing Exchange Rate Model with Unobservable Fundamentals /
af: Giorgianni, Lorenzo
Udgivet: (1999)

Currency Composition and Foreign Exchange Reserves.
Udgivet: (1988)

Foreign Exchange Intervention and the Dutch Disease /
af: Faltermeier, Julia
Udgivet: (2017)

Guidelines for Foreign Exchange Reserve Management.
Udgivet: (2004)

Foreign Exchange Options (Second Edition)
af: Hicks, Alan
Udgivet: (1998)

Foreign Exchange Options (Second Edition)
af: Hicks, Alan
Udgivet: (1998)

Foreign Exchange Auctions and Fixing : A Review of Performance /
af: Kovanen, Arto
Udgivet: (1994)

Hedging Foreign Exchange Risk in Chile : Markets and Instruments /
af: Chan-Lau, Jorge
Udgivet: (2005)

Real Exchange Rates and Commodity Prices /
af: Dupont, Dominique
Udgivet: (1996)

Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market.
Udgivet: (1990)

Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market.
Udgivet: (1990)

Transparency in Central Bank Operations in the Foreign Exchange Market /
af: Enoch, Charles
Udgivet: (1998)

Establishing a Foreign Exchange Futures Market in China /
af: Jin, Zhongxia
Udgivet: (2021)

Foreign Exchange Risk Regulation : Issues for Industrial and Developing Countries /
af: Hartmann, Philipp
Udgivet: (1994)

Foreign Demand and Local House Prices : Evidence from the US /
af: Puy, Damien
Udgivet: (2020)

Welfare Effects of Transparency in Foreign Exchange Markets : The Role of Hedging Opportunities /
af: Drees, Burkhard
Udgivet: (2002)

The Empirics of Foreign Exchange Intervention in Emerging Markets : The Cases of Mexico and Turkey /
af: Karacadag, Cem
Udgivet: (2004)

Exchange Rate Volatility, Pricing to Market and Trade Smoothing /
af: Faruqee, Hamid
Udgivet: (1997)

Foreign Exchange Intervention and the Australian Dollar : Has it Mattered? /
af: Liang, Hong
Udgivet: (2003)

The Currency Composition of Foreign Exchange Reserves : Retrospect and Prospect /
af: Eichengreen, Barry
Udgivet: (2000)

Welfare Effects of Uzbekistan's Foreign Exchange Regime.
Udgivet: (2000)

The Prudential Regulation and Management of Foreign Exchange Risk /
af: Abrams, Richard
Udgivet: (1998)

Foreign Exchange Intervention under Policy Uncertainty /
af: Adler, Gustavo
Udgivet: (2016)