Market Microstructure In Practice Laruelle Sophie Univ Paris-est Creteil FrancePevná vazba
Market Microstructure In Practice Laruelle Sophie Univ Paris-est Creteil FrancePevná vazba This book exposes and comments on the consequences of Reg NMS and MiFID on market microstructure. The…
Specifikacia Market Microstructure In Practice Laruelle Sophie Univ Paris-est Creteil FrancePevná vazba
Market Microstructure In Practice Laruelle Sophie Univ Paris-est Creteil FrancePevná vazba
This book exposes and comments on the consequences of Reg NMS and MiFID on market microstructure. The emergence of high frequency trading and critical events like the'Flash Crash' of 2010 are also analyzed in depth.Using a quantitative viewpoint, this book explains how an attrition of liquidity and regulatory changes can impact the whole microstructure of financial markets. It covers changes in market design, electronic trading, and investor and trader behaviors.
A mathematical Appendix details the quantitative tools and indicators used through the book, allowing the reader to go further independently.This book is written by practitioners and theoretical experts and covers practical aspects (like the optimal infrastructure needed to trade electronically in modern markets) and abstract analyses (like the use on entropy measurements to understand the progress of market fragmentation).As