Title:
Equity markets in action : the fundamentals of liquidity, market structure and trading
Personal Author:
Publication Information:
Hoboken, N.J. : John Wiley & Sons, 2004
Physical Description:
1 CD-ROM ; 12 cm
ISBN:
9780471469223
General Note:
Also available in printed version : HG4551 S38 2004
Added Author:
Available:*
Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
---|---|---|---|---|---|
Searching... | 30000010071301 | CP 5616 | Computer File Accompanies Open Access Book | Compact Disc Accompanies Open Access Book | Searching... |
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Summary
Summary
An in-depth look at the nature of market making and exchanges
From theory to practicalities, this is a comprehensive, up-to-date handbook and reference on how markets work and the nuances of trading. It includes a CD with an interactive trading simulation.
Robert A. Schwartz, PhD (New York, NY), is Marvin M. Speiser Professor of Finance and University Distinguished Professor in the Zicklin School of Business, Baruch College, CUNY. Reto Francioni, PhD (Zurich, Switzerland), is President and Chairman of the Board of SWX, the Swiss Stock Exchange, and former co-CEO of Consors Discount Broker AG, Nuremberg.
Author Notes
Reto Francioni is President and Chairman of the Board of SWX, the Swiss Stock Exchange.
Table of Contents
Preface | p. ix |
Chapter 1 The Role of an Equity Market | p. 1 |
Chapter 2 From Information to Prices | p. 33 |
Chapter 3 Liquidity | p. 59 |
Chapter 4 What We Want from Our Markets | p. 81 |
Chapter 5 Institutional Order Flow | p. 114 |
Chapter 6 Order-Driven Markets | p. 156 |
Chapter 7 Intermediated Markets | p. 191 |
Chapter 8 The Evolving Scene in the United States | p. 213 |
Chapter 9 The Evolving Scene in Europe | p. 243 |
Chapter 10 Clearing and Settlement | p. 264 |
Chapter 11 Regulation | p. 291 |
Chapter 12 Simulated Trading | p. 342 |
Appendix A Prices and Returns | p. 361 |
Appendix B From Portfolio Decisions to Trading in a Frictionless Environment | p. 370 |
Appendix C Dimensions of Informational Efficiency | p. 412 |
Appendix D The Concept of Self-Regulation | p. 424 |
Selected Readings | p. 434 |
About the Authors | p. 449 |
About the CD-ROM | p. 451 |
Index | p. 454 |