2001Palgrave Macmillan UK eBooksRequires access

Viable Design of a Security with a Pre-existing Market

Kazuhiko Ōhashi

Open publisher page 0 citations

Abstract

Emergence of many new securities has been changing the world’s financial markets for the last three decades of the twentieth century. Now, innovation of new securities is one of the main services that the financial institutions provide. Issuance of hybrid securities and securitisation of assets such as MBS (Mortgage Backed Securities), ABS (Asset Backed Securities) and CMO (Collateralised Mortgage Obligation) are examples of this innovation. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

About this research paper

What this paper is about

Emergence of many new securities has been changing the world’s financial markets for the last three decades of the twentieth century. Now, innovation of new securities is one of the main services that the financial institutions provide. Issuance of hybrid securities and securitisation of assets such as MBS (Mortgage Backed Securities), ABS (Asset Backed Securities) and CMO (Collateralised Mortgage Obligation) are examples of this innovation. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Emergence of many new securities has been changing the world’s financial markets for the last three decades of the twentieth century. Now, innovation of new securities is one of the main services that the financial institutions provide. Issuance of hybrid securities and securitisation of assets such as MBS (Mortgage Backed Securities), ABS (Asset Backed Securities) and CMO (Collateralised Mortgage Obligation) are examples of this innovation. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Key concepts: Hybrid security, Broker-dealer, Business, Financial innovation, Financial system, Security market, Commercial mortgage-backed security, Obligation

Related papers

Back to paper searchBrowse research topicsOriginal source
Viable Design of a Security with a Pre-existing Market — Research Paper | ScholarLens