Trading and Exchanges. Market Microstructure for Practitioners
Par :Formats :
- Nombre de pages643
- PrésentationRelié
- FormatGrand Format
- Poids1.35 kg
- Dimensions18,8 cm × 26,3 cm × 3,8 cm
- ISBN0-19-514470-8
- EAN9780195144703
- Date de parution01/11/2002
- ÉditeurOxford University Press
Résumé
Trading and Exchanges : Market Microstructure for Practitioners is about trading, the people who trade securities and contracts, the marketplaces where they trade, the roles that govern trading, and the differences between investing, speculating, and gambling. It is the definitive guide for anyone interested in learning about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers ; limit orders, market orders, and stop orders ; program trades, block trades, and short trades ; exchanges, boards of trade, dealer networks, ECNs, crossing markets, and pink sheets ; single price auctions, open outcry auctions, screen-based markets, and brokered markets ; price priority, time precedence, public order precedence, and display precedence ; and insider trading, front running, market manipulation, and bluffing.
Trading and Exchanges 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. If you trade, this book can improve your trading strategies. If you are—or aspire to be—a dealer, broker, regulator, or exchange official, it can help you design better markets. If you are merely curious about how markets work, you will find Trading and Exchanges to be highly informative and entertaining.
Trading and Exchanges 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. If you trade, this book can improve your trading strategies. If you are—or aspire to be—a dealer, broker, regulator, or exchange official, it can help you design better markets. If you are merely curious about how markets work, you will find Trading and Exchanges to be highly informative and entertaining.
Trading and Exchanges : Market Microstructure for Practitioners is about trading, the people who trade securities and contracts, the marketplaces where they trade, the roles that govern trading, and the differences between investing, speculating, and gambling. It is the definitive guide for anyone interested in learning about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers ; limit orders, market orders, and stop orders ; program trades, block trades, and short trades ; exchanges, boards of trade, dealer networks, ECNs, crossing markets, and pink sheets ; single price auctions, open outcry auctions, screen-based markets, and brokered markets ; price priority, time precedence, public order precedence, and display precedence ; and insider trading, front running, market manipulation, and bluffing.
Trading and Exchanges 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. If you trade, this book can improve your trading strategies. If you are—or aspire to be—a dealer, broker, regulator, or exchange official, it can help you design better markets. If you are merely curious about how markets work, you will find Trading and Exchanges to be highly informative and entertaining.
Trading and Exchanges 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. If you trade, this book can improve your trading strategies. If you are—or aspire to be—a dealer, broker, regulator, or exchange official, it can help you design better markets. If you are merely curious about how markets work, you will find Trading and Exchanges to be highly informative and entertaining.