The Components of the Bid-ask Spread in a Limit-order Market
Author :
Publisher :
Page : 110 pages
File Size : 40,63 MB
Release : 2003
Category :
ISBN :
Informed Traders as Liquidity Providers
Author : Alexandra Hachmeister
Publisher : Springer Science & Business Media
Page : 188 pages
File Size : 41,55 MB
Release : 2007-11-03
Category : Business & Economics
ISBN : 3835095773
Book Description
Alexandra Hachmeister’s thesis empirically analyzes and positively answers the question whether informed traders provide liquidity in an open limit order book. The analyses include a detailed market description of the German equity market, a new methodological approach for the identification of informed traders as well as the analysis of the individual liquidity providing and demanding behavior of the identified informed traders.
Stock Market Liquidity
Author : François-Serge Lhabitant
Publisher : John Wiley & Sons
Page : 502 pages
File Size : 37,47 MB
Release : 2008-01-09
Category : Business & Economics
ISBN : 0470181699
Book Description
Brings together today's best financial minds across the world to discuss the issue of liquidity in today's markets. It is often proxied by trade-based measures (such as trading volume, frequency of trading, dollar value of shares trade, etc), order based measures and price impact measures.
Liquidity, Markets and Trading in Action
Author : Deniz Ozenbas
Publisher : Springer Nature
Page : 111 pages
File Size : 49,52 MB
Release : 2022
Category : Business enterprises
ISBN : 3030748170
Book Description
This open access book addresses four standard business school subjects: microeconomics, macroeconomics, finance and information systems as they relate to trading, liquidity, and market structure. It provides a detailed examination of the impact of trading costs and other impediments of trading that the authors call rictions It also presents an interactive simulation model of equity market trading, TraderEx, that enables students to implement trading decisions in different market scenarios and structures. Addressing these topics shines a bright light on how a real-world financial market operates, and the simulation provides students with an experiential learning opportunity that is informative and fun. Each of the chapters is designed so that it can be used as a stand-alone module in an existing economics, finance, or information science course. Instructor resources such as discussion questions, Powerpoint slides and TraderEx exercises are available online.
Emerging Markets
Author : Greg N. Gregoriou
Publisher : CRC Press
Page : 870 pages
File Size : 22,41 MB
Release : 2009-06-26
Category : Business & Economics
ISBN : 1439804508
Book Description
Although emerging market economies consist of 50% of the global population, they are relatively unknown. Filling this knowledge gap, Emerging Markets: Performance, Analysis and Innovation compiles the latest research by noteworthy academics and money managers from around the world. With a focus on both traditional emerging markets and new areas, su
Restructuring Japan's Financial Markets
Author : Ingo Walter
Publisher : Irwin Professional Publishing
Page : 488 pages
File Size : 47,49 MB
Release : 1993
Category : Business & Economics
ISBN :
Book Description
Journal of Empirical Finance
Author :
Publisher :
Page : 658 pages
File Size : 50,40 MB
Release : 2002
Category : Econometrics
ISBN :
Book Description
Mutual Funds
Author : John Haslem
Publisher : John Wiley & Sons
Page : 592 pages
File Size : 40,79 MB
Release : 2009-02-09
Category : Business & Economics
ISBN : 1405142030
Book Description
This authoritative book enables readers to evaluate the variousperformance and risk attributes of mutual funds, while also servingas a comprehensive resource for students, academics, and generalinvestors alike. Avoiding the less useful descriptive approach tofund selection, this book employs a balanced approach includingboth technique and application. The chapters combine clearsummaries of existing research with practical guidelines for mutualfund analysis. Enables readers to analyze mutual funds by evaluating a fund'svarious performance and risk attributes. Includes templates, which provide an efficient, sound approachto fund analysis, interpretation of results, buy/sell decisions,and the timing of decisions. Combines clear summaries of existing research with practicalguidelines for mutual fund analysis.
Market Microstructure Theory
Author : Maureen O'Hara
Publisher : John Wiley & Sons
Page : 310 pages
File Size : 26,58 MB
Release : 1998-03-06
Category : Business & Economics
ISBN : 0631207619
Book Description
Written by one of the leading authorities in market microstructure research, this book provides a comprehensive guide to the theoretical work in this important area of finance.
The Microstructure of Foreign Exchange Markets
Author : Jeffrey A. Frankel
Publisher : University of Chicago Press
Page : 358 pages
File Size : 12,74 MB
Release : 2009-05-15
Category : Business & Economics
ISBN : 0226260232
Book Description
The foreign exchange market is the largest, fastest-growing financial market in the world. Yet conventional macroeconomic approaches do not explain why people trade foreign exchange. At the same time, they fail to explain the short-run determinants of the exchange rate. These nine innovative essays use a microstructure approach to analyze the workings of the foreign exchange market, with special emphasis on institutional aspects and the actual behavior of market participants. They examine the volume of transactions, heterogeneity of traders, the time of day and location of trading, the bid-ask spread, and the high level of exchange rate volatility that has puzzled many observers. They also consider the structure of the market, including such issues as nontransparency, asymmetric information, liquidity trading, the use of automated brokers, the relationship between spot and derivative markets, and the importance of systemic risk in the market. This timely volume will be essential reading for anyone interested in the economics of international finance.
