Illiquidity of OTC Market Securities

Business (College of) / Business

Project Description

The goal of this research project is to examine the illiquidity of OTC markets by using unique data on premiums and discounts paid from PIPEs (Private Investment in Public Equity).

Tasks and Responsibilites

This project requires data from various sources that need to be collected and joined. For example, pricing data on OTC securities needs to be downloaded from Bloomberg and Factset. Financial statement data on these firms comes from Compustat and CapitalIQ. Finally, the PIPEs data comes from Private Raise. The role of the Project Assistant would be to verify matches between the pricing data, financial statement data, and PIPEs data and conduct preliminary analysis.

Desired Qualifications

None Listed.