Manchester School of Architecture

most citedDo designated market makers provide liquidity during downward extreme price movements?

5 citations

researchers with a paper here

A. Kolokolov1 · h 6
Kim Christensen1 · h 2
L. Pelizzon1 · h 10
Mario Bellia1 · h 8
Roberto Renò1 · h 2

collaborating institutions

Aarhus UniversityDK1 paper
Ca' Foscari University of VeniceIT1 paper
École Supérieure des Sciences Économiques et CommercialesFR1 paper
European Centre for Living TechnologyIT1 paper
European CommissionBE1 paper
Goethe University FrankfurtDE1 paper
Leibniz Institute for Financial Research SAFEDE1 paper
New Economic SchoolRU1 paper

1 paper

econ.EM2026★ 5 cited

Do designated market makers provide liquidity during downward extreme price movements?

Mario Bellia, Kim Christensen, Aleksey Kolokolov +2

We study the trading activity of designated market makers (DMMs) in electronic markets using a unique dataset with audit-trail information on trader classification. DMMs may either…