Cover image for The handbook of trading : strategies for navigating and profiting from currency, bond, and stock markets
Title:
The handbook of trading : strategies for navigating and profiting from currency, bond, and stock markets
Series:
[McGraw-Hill finance & investing]

McGraw-Hill finance & investing
Publication Information:
New York, NY. : McGraw-Hill Professional, c2010.
Physical Description:
xxxiii, 462 p. : ill. ; 24 cm.
ISBN:
9780071743532
General Note:
Series statement from jacket

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30000010293944 HG4529 H359 2010 Open Access Book Book
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Summary

Summary

Make the post-meltdown markets work for you,using the unparalleled insight of today'stop global investing experts!

"This book provides a collection of papers that examine tradingexecution, technical trading, and trading strategies, as well as algorithmsin different markets (equities, forex, fixed income, exchange traded funds,derivatives, and commodities) around the world. This is particularly relevantgiven the recent explosion in trading volumes."
Tarun Chordia, R. Howard Dobbs Chair in Finance,Goizueta Business School, Emory University

"This book uses a number of well-respected authors in the area of asset trading.It provides a comprehensive analysis of trading-related issues coveringmomentum trading, algorithmic trading, the use of technical trading rules,strategies for ETFs, and the role of trading volume."
Professor John Cotter, Director of the Centre for Financial Markets,University College Dublin School of Business, University College Dublin

" The Handbook of Trading is a good reference tool for both practitionersand academics. The contents cover a wide range of topical issues."
Professor Robert McGee, Director of the Center for Accounting, Auditing, and Tax Studies,College of Business Administration, Florida International University

About the Book:

Given today's market volatility, eventhe most advanced investors can beunsure of their next move. Ratherthan rely on one or two individuals who claimgeneral knowledge on any given investingtopic, you need the advice of professionalswho have spent their entire careers developingreal expertise on more focused sectors ofthe market.

The Handbook of Trading is the only bookavailable that provides just that.Greg N. Gregoriou has amassed forty of theworld's top academics, researchers, and practitionerswho explain how to make today'smarkets work for you. With this highly technicalbut ultimately practical guide, you haveaccess to a broad array of trading strategiesthat will put you light years ahead of thecompetition--regardless of the state of themarket.

From technical analysis and momentumtrading to algorithmic and FOREX trading, The Handbook of Trading introduces you totechniques and insights never before published,each of which has been rigorouslyback-tested and analyzed. Chapters include:

Performance Leakage and ValueDiscounts on the Toronto StockExchange
Lawrence Kryzanowskiand Skander Lazrak Trading in Turbulent Markets: DoesMomentum Work?
Tim A. Herbergerand Daniel M. Kohlert Profitability of Technical Trading Rulesin an Emerging Market
DimitrisKenourgios and Spyros Papathanasiou Leveraged Exchange-Traded Fundsand Their Trading Strategies
NaratCharupat The Impact of Algorithmic TradingModels on the Stock Market
OhannesG. Paskelian

Applying critical lessons learned from the financialcrisis of 2008-2009, the contributorsexplain how to approach turbulent marketenvironments and adjust your trading methodologiesaccordingly.

The Handbook of Trading is the go-to guidefor financial professionals seeking profits intoday's currency, bond, and stock markets.

Correlating PowerPoint slides and readingquestions created by the contributors appear onhttp://www.mhprofessional.com/handbookoftrading.


Author Notes

Greg N. Gregoriou is a professor of financein the School of Business and Economics atthe State University of New York (Plattsburgh).He is co-editor of the Journal of Derivativesand Hedge Funds and an editorialboard member of the Journal of Wealth Management and the Journal of Risk Managementin Financial Institutions . His books withMcGraw-Hill include The Credit DerivativesHandbook , The VaR Modeling Handbook ,and The Risk Modeling Evaluation Handbook .He lives in Plattsburgh, NY.


Table of Contents

Section 1 Execution and Momentum Trading
Chapter 1 Performance Leakage and Value Discounts on the Toronto Stock Exchange
Chapter 2 Informed Trading in Parallel Auction and Dealer Markets: The Case of the London Stock Exchange
Chapter 3 Order Placement Strategies in Different Market Structures
Chapter 4 Momentum Trading for the Private Investor
Chapter 5 Trading in Turbulent Markets: Does Momentum Work
Chapter 6 The Financial Futures Momentum
Section 2 Technical Trading
Chapter 7 Profitability of Technical Trading Rules in an Emerging Market
Chapter 8 Testing Technical Trading Rules as Portfolio Selection Strategies
Chapter 9 Do Technical Trading Rules Increase the Probability of Winning: Empirical Evidence from the Foreign Exchange Market
Chapter 10 Technical Analysis in Turbulent Financial Markets: Does Nonlinearity Assist
Chapter 11 Profiting from the Dual Moving Average Cross-Over with Exponential Smoothing
Chapter 12 Shareholder Demands and the Delaware Derivative Action
Section 3 Exchange Traded Fund Strategies
Chapter 13 Leveraged Exchanged-Traded Funds and their Trading Strategies
Chapter 14 On the Impact of Exchange-Traded Funds over Noise Trading: Evidence from European Stock Exchanges
Chapter 15 Penetrating Fixed Income ETFs
Chapter 16 Smoothing Transition Autoregressive (STAR) Models for the Day of the Week Effect: An Application to S&P 500 Index
Section 4 Foreign Exchange Markets, Algorithmic Trading, and Risk
Chapter 17 Disparity of USD Interbank Interest Rates in Hong Kong and Singapore: Is There Any Arbitrage Opportunity
Chapter 18 Forex Trading Opportunities Through Prices Under Climate Change
Chapter 19 The Impact of Algorithmic Trading Models on the Stock Market
Chapter 20 Trading in Risk Dimensions
Chapter 21 Development of a Risk-Monitoring Tool Dedicated to Commodity Trading
Section 5 Trading Volume and Behavior
Chapter 22 Securities Trading, Asymmetric Information, and Market Transparency
Chapter 23 Arbitrage Risk and the High-Volume Return Premium
Chapter 24 The Impact of Hard vs. Soft Information on Trading Volume: Evidence from Management Earnings Forecasts
Chapter 25 Modeling Bubbles and Anti-Bubbles in Bear Markets: A Medium-Term Trading Analysis
Chapter 26 Strategic Financial Intermediaries with Brokerage Activities
Chapter 27 Financial Markets, Investment Analysis, and Trading in Primary and Secondary Markets
Chapter 28 Trading and Overconfidence
Chapter 29 Correlated-Asset Trading and Disclosure of Private Information