Trading And Exchanges: Market Microstructure For Practioners
85,01 €
Tellimisel
Tarneaeg:
2-4 nädalat
Tootekood
9780195144703
Description:
This book is about trading, the people who trade securities and contracts, the marketplaces where they trade, and the rules that govern it. Readers will learn about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers; exchanges, boards of trade, dealer networks, ECNs (electronic communications networks), crossing markets, and pin...
This book is about trading, the people who trade securities and contracts, the marketplaces where they trade, and the rules that govern it. Readers will learn about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers; exchanges, boards of trade, dealer networks, ECNs (electronic communications networks), crossing markets, and pin...
Description:
This book is about trading, the people who trade securities and contracts, the marketplaces where they trade, and the rules that govern it. Readers will learn about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers; exchanges, boards of trade, dealer networks, ECNs (electronic communications networks), crossing markets, and pink sheets. Also covered in this text are single price auctions, open outcry auctions, and brokered markets limit orders, market orders, and stop orders. Finally, the author covers the areas of program trades, block trades, and short trades, price priority, time precedence, public order precedence, and display precedence, insider trading, scalping, and bluffing, and investing, speculating, and gambling.
Review:
[It] is the most comprehensive treatment of market microstructure that I have seen...he does not compromise on breadth or depth...indispensable for anyone who cares about trading Journal of Investment Management
Table of Contents:
1. Introduction; 2. Trading Stories; PART I: THE STRUCTURE OF TRADING; 3. The Trading Industry; 4. Orders and Order Properties; 5. Market Structures; 6. Order-Driven Market Mechanisms; 7. Brokers; PART II: THE BENEFITS OF TRADE; 8. Why People Trade; 9. Good Markets; PART III: SPECULATORS; 10. Informed Traders and Market Efficiency; 11. Order Anticipators; 12. Bluffing and Price Manipulation; PART IV: LIQUIDITY SUPPLIERS; 13. Dealers; 14. Bid/Ask Spreads; 15. Block Trading; 16. Value-Motivated Trainers; 17. Arbitrage; 18. Buy-side Trading Strategies; PART V: ORIGINS OF LIQUIDITY AND VOLATILITY; 19. Understanding Liquidity; 20. Understanding Volatility; PART VI: EVALUATION AND PREDICTION; 21. Measuring Liquidity and Transaction Costs; 22. Performance Evaluation and Prediction; PART VII: MARKET STRUCTURES; 23. Index and Portfolio Markets; 24. Specialists; 25. Internalization, Preferencing, and Crossing; 26. Competition within and among Markets; 27. Floor versus Automated Trading Systems; 28. Bubbles, Crashes, and Circuit Breakers; 29. Insider Trading; 30. Summary of Market Microstructure
This book is about trading, the people who trade securities and contracts, the marketplaces where they trade, and the rules that govern it. Readers will learn about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers; exchanges, boards of trade, dealer networks, ECNs (electronic communications networks), crossing markets, and pink sheets. Also covered in this text are single price auctions, open outcry auctions, and brokered markets limit orders, market orders, and stop orders. Finally, the author covers the areas of program trades, block trades, and short trades, price priority, time precedence, public order precedence, and display precedence, insider trading, scalping, and bluffing, and investing, speculating, and gambling.
Review:
[It] is the most comprehensive treatment of market microstructure that I have seen...he does not compromise on breadth or depth...indispensable for anyone who cares about trading Journal of Investment Management
Table of Contents:
1. Introduction; 2. Trading Stories; PART I: THE STRUCTURE OF TRADING; 3. The Trading Industry; 4. Orders and Order Properties; 5. Market Structures; 6. Order-Driven Market Mechanisms; 7. Brokers; PART II: THE BENEFITS OF TRADE; 8. Why People Trade; 9. Good Markets; PART III: SPECULATORS; 10. Informed Traders and Market Efficiency; 11. Order Anticipators; 12. Bluffing and Price Manipulation; PART IV: LIQUIDITY SUPPLIERS; 13. Dealers; 14. Bid/Ask Spreads; 15. Block Trading; 16. Value-Motivated Trainers; 17. Arbitrage; 18. Buy-side Trading Strategies; PART V: ORIGINS OF LIQUIDITY AND VOLATILITY; 19. Understanding Liquidity; 20. Understanding Volatility; PART VI: EVALUATION AND PREDICTION; 21. Measuring Liquidity and Transaction Costs; 22. Performance Evaluation and Prediction; PART VII: MARKET STRUCTURES; 23. Index and Portfolio Markets; 24. Specialists; 25. Internalization, Preferencing, and Crossing; 26. Competition within and among Markets; 27. Floor versus Automated Trading Systems; 28. Bubbles, Crashes, and Circuit Breakers; 29. Insider Trading; 30. Summary of Market Microstructure
| Autor | Harris, Larry |
|---|---|
| Ilmumisaeg | 2002 |
| Kirjastus | Oxford University Press Inc |
| Köide | Kõvakaaneline |
| Bestseller | Ei |
| Lehekülgede arv | 656 |
| Pikkus | 251 |
| Laius | 251 |
| Keel | American English |
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