Tuesday, September 30, 2008

Market Making for Illiquid Assets

Since there is no "price discovery mechanism", i.e. market for illiquid mortgages and commercial paper, I have decided that SigmaSeek is now a market maker for illiquid assets held by investment banks, commercial banks, insurance companies, pension funds, hedge funds, etc. Please post your bid and ask prices in comments section listing underlying collateral. Let's make sure that you can sell your illiquid assets at a real market price. Unless of course, by doing so you would put your company's solvency at risk by realizing losses on your tier 2 and 3 assets.

No comments: