Goethe University’s SAFE Policy Center will devote its 5th Frankfurt Conference on Financial Market Policy to ponder the question of how much union in terms of mutualization a robust monetary union needs. After a keynote, three panels will address different aspects of the issue, dealing with...

Program: - Trades, Quotes and the Cost of Capital, - The Determinants of Limit Order Cancellations, - Middlemen Matter: Corporate Bond Market Liquidity and Dealer Inventory Funding, - Speed Acquisition, - Order Flow Segmentation, Liquidity and Price Discovery: The Role of Latency Delays, -...