A large portion of trading activity in financial markets involves brokers, arbitrageurs and dealers or market makers. The aim of this book is to provide a rigorous yet practical treatment of the principles underlying these types of trading activity. A large and growing body of research in finance deals with such activity, and appears in the literature commonly referred to as the security market microstructure literature. The book provides a review of the securities market microstructure literature concerned with trade execution, arbitrage and market making. Wherever possible, the principles developed in research are illustrated through worked examples and illustrations.
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(245mm x mm x mm)
Pearson Custom Publishing
Publisher: Pearson Education Australia
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