eShop USA > Books > Trading and Exchanges: Market Microstructure for Practitioners
Trading and Exchanges: Market Microstructure for Practitioners
List Price: $95.00Our Price: $73.20 You Save: $21.80 (23%)Prices subject to change.
Availability: Usually ships in 24 hours
Binding: Hardcover
Dewey Decimal Number: 332.64
EAN: 9780195144703
ISBN: 0195144708
Label: Oxford University Press, USA
Manufacturer: Oxford University Press, USA
Number Of Items: 1
Number Of Pages: 656
Publication Date: October 24, 2002
Publisher: Oxford University Press, USA
Studio: Oxford University Press, USA
Related Items: Featured Listmania!
Editorial Review:
This book is about trading, the people who trade securities and contracts, the marketplaces where they trade, and the rules that govern it. Readers will learn about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers; exchanges, boards of trade, dealer networks, ECNs (electronic communications networks), crossing markets, and pink sheets. Also covered in this text are single price auctions, open outcry auctions, and brokered markets limit orders, market orders, and stop orders. Finally, the author covers the areas of program trades, block trades, and short trades, price priority, time precedence, public order precedence, and display precedence, insider trading, scalping, and bluffing, and investing, speculating, and gambling.
Customer Reviews
Average Rating: 
Rating:  - Good Book
Good Book. Worth a reading by people in finance. Might be too layman like for you if you are already experienced. Good stuff though.
Rating:  - This is probably the first book anyone even peripherally involved in trading should read
I'm not a trader. I do occasionally look longingly at high frequency trading positions (stat arb, automated trading; whatever you'd like to call it). This is the book that actually answers all those questions any curious person who has ever made a trade might ask. What happens when you make a trade? What is the mechanics of making a trade? How does liquidity work? What happens if your trade is bigger than the daily volume of the traded equity? How does index arb work? What do flow traders do to make ... Read More
Rating: - Good introduction to market microstructure
My professor is the author of this book, which is extreamely horrible because no student would wish their professor knows every single word in the book. However, this book give a pretty detail introduction to the market structure and all things you need to know about trading. The language in the book are quite easy to understand even thought some terms are very technical. According to my professor, the contents on the side are useful when combining the reading, which will give you a whole picture of ... Read More
Rating: - Required reading for anyone getting into trading and investing
I've used this book as a textbook and I have to admit it's invaluable in that it explains in a detailed yet rather straightforward way what happens when you send an order to the marketplace and how it is worked by market participants. In the light of recent developments in academic and professional literature, showing how good execution is an essential part of an outstanding money-management performance, I strongly recommend it to all beginners ready to step in the arena or practicioners who aren't fully ... Read More
Rating:  - Not really that good, already outdated
This book is not really that good. It's printed in tiny fonts and filled with sidebar BS so it's hard to read and keep track of what you read. The author rambles a lot and there's very little concrete information even though a lot of topics are covered in a cursory manner. Worst, this book is already way outdated, as ECNs and ATS's as well as industry consolidations plus the Grasso fiasco have changed industry landscape (and enriched many a capital pig who does not produce real products but reaps billions ... Read More
Related Categories:
| |
 |
