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Wu, 2018 - Google Patents

Transaction Costs for Customer Trades in the Municipal Bond Market: What Is Driving the Decline?

Wu, 2018

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Document ID
17011813508391583043
Author
Wu S
Publication year
Publication venue
Municipal Securities Rulemaking Board

External Links

Snippet

Abstract1 Trading activity in the municipal bond market has been relatively stable over the past decade, while effective spread, which measures transaction costs paid by investors to execute a trade, has steadily declined. Between 2005 and April 2018, the average effective …
Continue reading at www.msrb.org (PDF) (other versions)

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