Lecture Notes in Market Microstructure and Trading
eBook - ePub

Lecture Notes in Market Microstructure and Trading

  1. 268 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Lecture Notes in Market Microstructure and Trading

Book details
Table of contents
Citations

About This Book

This book, written by Joakim Westerholm, Professor of Finance and former trading professional, is intended to be used as basis for developing courses in Securities markets, Trading, and Market microstructure and connects theoretic rigor with practical real world applications.

Market technology evolves, the roles of market participants change, and whole market segments disappear to be replaced by new ways to exchange securities. Yet, the same underlying economic principles continue to drive trading in securities markets. Thus, the scope of the book is global, providing a framework that is relevant both for current market designs and for future markets we will see develop. It is designed to stay relevant in a rapidly evolving field.

The book contains a selection of lecture notes through which students will gain an in-depth understanding of the mechanism that drives trading in securities markets. The book also contains another set of lecture notes with more advanced, research-based material, suitable for Honours or Master level research students, or for PhD candidates. The material is self-explanatory and can also be used for self-study, preferably in conjunction with assigned readings.

Contents:

  • Securities Trading and Markets:
    • Introduction Lecture in Trading in Securities Markets and Advanced Market Microstructure Theory — The Economics of Trading
    • Introduction to Securities Trading and Markets
    • Institutional Trading
    • Execution Costs
    • Market Fragmentation and Regulation
    • Adverse Selection and Market Making
    • Behavioral Finance
    • Random Walks, Risk and Arbitrage
    • Arbitrage in Real Trading Markets and Hedging
    • Market Efficiency
    • Trading Gone Wrong
    • Revision and Exam Preparation
  • Advanced Application and Research:
    • Linking Market Microstructure to Mainstream Finance
    • Limit Order Markets
    • Liquidity Providers: Dealing and Market Making
    • Liquidity, Volatility and Transparency
    • The Glosten–Milgrom and Kyle Models


Readership: Undergraduate, graduate and research students and academics interested in the mechanism that drives trading in securities markets, as well as future markets that may develop. Trading;Securities Markets;Priced Discovery;Liquidity;Microstructure;Investments0 Key Features:

  • The book connects theoretic rigor with practical real world applications
  • Is designed to stay relevant in a rapidly evolving field
  • The book has a global outlook, still highly relevant for readers located in the US

Frequently asked questions

Simply head over to the account section in settings and click on “Cancel Subscription” - it’s as simple as that. After you cancel, your membership will stay active for the remainder of the time you’ve paid for. Learn more here.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Both plans give you full access to the library and all of Perlego’s features. The only differences are the price and subscription period: With the annual plan you’ll save around 30% compared to 12 months on the monthly plan.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes, you can access Lecture Notes in Market Microstructure and Trading by Peter Joakim Westerholm in PDF and/or ePUB format, as well as other popular books in Physical Sciences & Quantum Theory. We have over one million books available in our catalogue for you to explore.

Information

Publisher
WSPC
Year
2018
ISBN
9789813234116
Topic
Physical Sciences
Subtopic
Quantum Theory

Table of contents

  1. Cover
  2. Halftitle
  3. Series Editors
  4. Title
  5. Copyright
  6. Contents
  7. Preface
  8. Author’s Note
  9. Part 1. Securities Trading and Markets
  10. Part 2. Advanced Application and Research