Trading and exchanges: market microstructure for practitioners

Describes in plain words how markets work; how governments and exchanges regulate them; and how traders create liquidity,volatility, informative prices, trading profits, and transaction costs. It identifies the trading strategies that make markets liquid, produce prices that reflect information abou...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Harris, Larry 1956- (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Oxford [u.a.] Oxford Univ. Press 2003
Schriftenreihe:Financial management association survey and synthesis series
Schlagworte:
Online-Zugang:Inhaltsverzeichnis
Zusammenfassung:Describes in plain words how markets work; how governments and exchanges regulate them; and how traders create liquidity,volatility, informative prices, trading profits, and transaction costs. It identifies the trading strategies that make markets liquid, produce prices that reflect information about fundamental values, and allow some traders to consistently profit while others lose. Since the success of trading strategies depends on the trading rules that markets use, the text also considers the regulatory forces that create and enforce trading rules.
Beschreibung:Includes bibliographical references and index
Beschreibung:XII, 643 S. graph. Darst.
ISBN:0195144708
9780195144703