BID-ASKS AROUND EARNINGS ANNOUNCEMENTS: EVIDENCE FROM THE NASDAQ NATIONAL MARKET SYSTEM
Author : DOUGLAS J. SKINNER
Publisher :
Page : 40 pages
File Size : 32,83 MB
Release : 1993
Category :
ISBN :
Author : DOUGLAS J. SKINNER
Publisher :
Page : 40 pages
File Size : 32,83 MB
Release : 1993
Category :
ISBN :
Author : Douglas J. Skinner
Publisher :
Page : 42 pages
File Size : 35,12 MB
Release : 1992
Category :
ISBN :
Author : Torben Voetmann
Publisher :
Page : pages
File Size : 33,28 MB
Release : 2000
Category :
ISBN :
Author : Merritt B. Fox
Publisher : Columbia University Press
Page : 612 pages
File Size : 25,54 MB
Release : 2019-01-08
Category : Business & Economics
ISBN : 023154393X
The U.S. stock market has been transformed over the last twenty-five years. Once a market in which human beings traded at human speeds, it is now an electronic market pervaded by algorithmic trading, conducted at speeds nearing that of light. High-frequency traders participate in a large portion of all transactions, and a significant minority of all trade occurs on alternative trading systems known as “dark pools.” These developments have been widely criticized, but there is no consensus on the best regulatory response to these dramatic changes. The New Stock Market offers a comprehensive new look at how these markets work, how they fail, and how they should be regulated. Merritt B. Fox, Lawrence R. Glosten, and Gabriel V. Rauterberg describe stock markets’ institutions and regulatory architecture. They draw on the informational paradigm of microstructure economics to highlight the crucial role of information asymmetries and adverse selection in explaining market behavior, while examining a wide variety of developments in market practices and participants. The result is a compelling account of the stock market’s regulatory framework, fundamental institutions, and economic dynamics, combined with an assessment of its various controversies. The New Stock Market covers a wide range of issues including the practices of high-frequency traders, insider trading, manipulation, short selling, broker-dealer practices, and trading venue fees and rebates. The book illuminates both the existing regulatory structure of our equity trading markets and how we can improve it.
Author : Patricia M. Dechow
Publisher : Research Foundation of the Institute of Chartered Financial Analysts
Page : 152 pages
File Size : 49,59 MB
Release : 2004-01-01
Category : Corporate profits
ISBN : 9780943205687
Author : Charles M. C. Lee
Publisher :
Page : 48 pages
File Size : 21,13 MB
Release : 1992
Category : Securities
ISBN :
Author : K. R. Subramanyam
Publisher :
Page : 314 pages
File Size : 21,77 MB
Release : 1993
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Author :
Publisher :
Page : 420 pages
File Size : 50,44 MB
Release : 1995
Category : Econometrics
ISBN :
Author :
Publisher :
Page : 854 pages
File Size : 20,1 MB
Release : 1996
Category : Corporations
ISBN :
Author : United States. Securities and Exchange Commission
Publisher :
Page : 156 pages
File Size : 49,63 MB
Release : 1996
Category : Brokers
ISBN :