How to Enhance Market Liquidity*


Nicholas Economides**

October 21-22, 1993

Conference on Global Equity Markets:
Technological, Competitive, and Regulatory Challenges

Published in Global Equity Markets, R. A. Schwartz (ed.) Irwin Professional. New York: 1995.

* I thank Kalman Cohen, Bob Wood, Bob Schwartz, and other participants of the Global Equity Markets conference for their comments and suggestions.

** Stern School of Business, New York, NY 10012, tel. (212) 998-0864, fax (212) 995-4218, e-mail:, www:

in Acrobat format. If you do not have an Acrobat reader, you can download it free from Adobe.