Market Evolution
Darrell discusses the transformation of markets from dealer-intermediated to exchange-traded, citing the explosive growth in the equity options market post-1973. He predicts a similar evolution for the US treasury market, emphasizing the crucial role of dealers in providing liquidity in a high-volume market.In this clip
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Odd Lots
Darrell Duffie On How to Fix the World’s Most Important Market
Related Questions
Can you explain market volatility and liquidity as discussed in the episode Darrell Duffie On How to Fix the World’s Most Important Market and the clip Treasury Market Volatility?
What causes market volatility in the episode Darrell Duffie On How to Fix the World’s Most Important Market and the clip Treasury Market Volatility?