R. Schwartz, R. Francioni – Equity Markets in Action: The Fundamentals of Liquidity, Market Structure & Trading

R. Schwartz, R. Francioni – Equity Markets in Action: The Fundamentals of Liquidity, Market Structure & Trading

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An in-depth look at the nature of market making and exchanges. From theory to practicalities, this is a comprehensive, up-to-date handbook and reference on how markets work and the nuances of trading.

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Description

Equity Markets in Action: The Fundamentals of Liquidity, Market Structure & Trading

An in-depth look at market making and exchanges. This is an up-to-date handbook and reference on how markets work and the nuances of trading. The CD has an interactive trading simulation. Robert A. Schwartz is a professor in the Zicklin School of Business at CUNY. Reto Francioni is the President and Chairman of the Board of SWX, the Swiss Stock Exchange.

Review:

All aspiring traders and equity money managers should read Equity Markets in Action. The computer simulation model should help the reader.

Content:

Preface ix. The Role of an Equity Market Chapter 2 deals with information and prices. Chapter 3 is called Liquidity 59. Chapter 4 talks about what we want from our markets. Chapter 5 institutional order flow 114 Chapter 6 deals with order-driven markets. Chapter 7 Intermediated Markets The Evolving Scene in the United States is chapter 8. The Evolving Scene in Europe is chapter 9. Chapter 10 deals with clearing and settlement. Chapter 11 has a regulation. Chapter 12 is called Simulated Trading. There are prices and returns in appendix A. Portfolio decisions to trading. There is a Frictionless Environment. There are dimensions of informational efficiency. There is a concept of self-regulation. The readings were selected. About the authors There is a CD-ROM. The index is 454.

R. Schwartz, R. Francioni is a book about Equity Markets in Action.

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