COMMENTARY: A Market Structure That Fits the Needs of Portfolio Managers

2018 ◽  
Keyword(s):  
Market Structure ◽  
Portfolio Managers ◽  
Call Market

Trading “these” securities for “those” (portfolio trades) can be expensive if done through our current continuous markets. This article compares a broker-implemented blind bid solution to this problem in a continuous market setting versus a combined value computerized call market that maximizes available liquidity to create balanced trades between such lists. The technology is known: combined value markets are in use today servicing markets in logistics contracts, emissions permits, spectrum licenses, and aerospace procurement. Should not financial concerns, such as custodial banks, be currently offering such services to their clients?

Contract institutions in the Russian economy: The sphere of state, municipal, and regulated procurement

2017 ◽  
pp. 93-110 ◽  
Author(s):  
O. Anchishkina
Keyword(s):  
Economic Growth ◽  
Theoretical Model ◽  
Market Structure ◽  
Market Equilibrium ◽  
Statistical Evidence ◽  
Market Model ◽  
Market Behavior ◽  
Database Analysis ◽  
Russian Economy ◽  
Contracting Model

The article synthesizes information on database analysis of state, municipal, and regulated procurement through which Russian contract institutions and the market model are investigated. The inherent uncertainty of quantity indicators on contracting activities and process is identified and explained. The article provides statistical evidence for heterogeneous market structure in state and municipal procurement, and big player’s dominance. A theoretical model for market behavior, noncooperative competition and collusion is proposed, through which the major trends are explained. The intrinsic flaws and failure of the current contracting model are revealed and described. This ineffectiveness is regarded to be not a limitation, but a challenge to be met. If responded to, drivers for economic growth and market equilibrium will be switched on.

Evidence on the Compensation of Portfolio Managers

CFA Digest ◽  
2007 ◽  
Vol 37 (1) ◽  
pp. 91-91
Author(s):  
Stephen M. Horan
Keyword(s):  
Portfolio Managers

Investment Research and Market Structure—Today and Tomorrow

1972 ◽  
Vol 28 (1) ◽  
pp. 24-28
Author(s):  
Walter P. Stern ◽  
William C. Norby
Keyword(s):  
Market Structure

HIGH-TECH/LOW-TECH INDUSTRIES AND THE STRUCTURE-PERFORMANCE RELATIONSHIP WITHIN MEXICAN MANUFACTURES

2017 ◽  
Vol 3 (5) ◽  
pp. 45
Author(s):  
Dmitri Fujii
Keyword(s):  
Discriminant Analysis ◽  
Market Structure ◽  
Recent Literature ◽  
High Tech ◽  
Technological Capabilities ◽  
Empirical Application ◽  
Empirical Results ◽  
Statistical Robustness ◽  
Analysis Technique

Recent literature on Mexican industry has emphasized its uneven sectorial development: some sectors have been successful, while the rest remain well behind. Given these circumstances, the present paper proposes a particular division for Mexican industry in High-Tech and Low-Tech sectors. This division is based on technological capabilities for a particular sample of industries during the nineties and verified for statistical robustness using the discriminant analysis technique. Finally, the division is used for an empirical application in terms of profitability and market structure. The empirical results reveal a diverse behaviour of the High-Tech and Low-Tech groups.

Sign in / Sign up

Export Citation Format

Share Document