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Market structure

Market-maker token loans

A firm borrows inventory under options, floors or recall rights.

Reference note · Sources below

Research articles and reference entries are published in English. Navigation is available in seven languages.

In this article
  1. Overview
  2. Why it matters
  3. What to check
  4. Sources

Overview

A firm borrows inventory under options, floors or recall rights.

Why it matters

Borrowed supply can be presented as organic liquidity or demand.

What to check

Review size, collateral, term, fees and trading mandate.

Sources

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