RDP 8707: Asymmetric Information and Bid-Ask Spreads in the Eurocurrency Markets Equation

2. dk dc − dh dc .σ+ dσ dc .h MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaGOmaiaac6cadaWcaaqaaiaabsgacaqGRbaabaGaaeizaiaabogaaaGaeyOeI0YaaSaaaeaacaqGKbGaaeiAaaqaaiaabsgacaqGJbaaaiaac6cacqaHdpWCcqGHRaWkdaWcaaqaaiaabsgacqaHdpWCaeaacaqGKbGaam4yaaaacaGGUaGaaeiAaaaa@492D@