Description - Market Microstructure in Emerging and Developed Markets by H. Kent Baker
A comprehensive guide to the dynamic area of finance known as
market microstructure
Interest in market microstructure has grown dramatically in
recent years due largely in part to the rapid transformation of the
financial market environment by technology, regulation, and
globalization. Looking at market transactions at the most granular
level?and taking into account market structure, price
discovery, information flows, transaction costs, and the trading
process?market microstructure also forms the basis of
high-frequency trading strategies that can help professional
investors generate profits and/or execute optimal transactions.
Part of the Robert W. Kolb Series in Finance, Market
Microstructure skillfully puts this discipline in perspective
and examines how the working processes of markets impact
transaction costs, prices, quotes, volume, and trading behavior.
Along the way, it offers valuable insights on how specific features
of the trading process like the existence of intermediaries or the
environment in which trading takes place affect the price formation
process.
Explore issues including market structure and design,
transaction costs, information flows, and disclosure
Addresses market microstructure in emerging markets
Covers the legal and regulatory issues impacting this area of
finance
Contains contributions from both experienced financial
professionals and respected academics in this field
If you're looking to gain a firm understanding of market
microstructure, this book is the best place to start.
Buy Market Microstructure in Emerging and Developed Markets by H. Kent Baker from Australia's Online Independent Bookstore, BooksDirect.
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