Understanding FX Liquidity

By N. Karnaukh, Angelo Ranaldo, P. Söderlind. 2015

168 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d32093f10c2ea6a2fed8af4c5ce1a9b8b9971242

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Kingsley Y. Fong
2. Charles Trzcinka
3. Craig W. Holden
4. Hao Zhang
5. Kee H. Chung

In Finance

1. Kingsley Y. Fong
2. Charles Trzcinka
3. Craig W. Holden
4. Angelo Ranaldo
5. Hao Zhang
6. Kee H. Chung

In Strategy and Management

1. Charles Trzcinka
2. Craig W. Holden
3. Kingsley Y. Fong

Citations in the corpus

• Offshore activities and financial vs operational hedging (2017, unknown): “…the currency market, as we expect the liquidity of the corresponding FX derivative market to be related to the liquidity of the currency itself.22 Karnaukh, Ranaldo, and Söderlind (2015) measure the liquidity of spot FX rates for approximately thirty currency exchange rates based on relative…”
• What Are the Best Liquidity Proxies for Global Research (2017, methodology): “We examine thirteen monthly cost-per-dollar-volume proxies relative to a monthly cost-per-dollar-volume benchmark: the slope of the price function, which is often called “lambda” by reference to the same concept in Kyle (1985). We also test liquidity proxies at the daily frequency.”