Fr. 140.00

Market Liquidity - Theory, Evidence, and Policy

English · Hardback

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Zusatztext This book is a highly readable introduction to market microstructure, emphasizing both practical institutional details and applications of theoretical and empirical research to the real world of trading. It is not only a useful introduction to market microstructure for practitioners, but also a great textbook for students at advanced undergraduate, masters, and even PhD levels. I like in particular the numerous connections the book makes between trading institutions and public policy issues. Informationen zum Autor Thierry Foucault is Professor of Finance, HEC Paris International Business School.Marco Pagano is Professor of Economics, University of Naples Federico II.Ailsa Roëll is Professor of International and Public Affairs, Columbia University. Klappentext The way in which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical finance textbook. Market Liquidity offers a more accurate and authoritative take on liquidity and price discovery. Zusammenfassung The way in which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical finance textbook. Market Liquidity offers a more accurate and authoritative take on liquidity and price discovery. Inhaltsverzeichnis 22562064

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