Author: Publisher:
ISBN:
Category : Statistics
Languages : en
Pages : 750
Book Description
Statistical Theory and Method Abstracts
Author: The Empirical Analysis of Liquidity
Author: Craig HoldenPublisher: Now Publishers
ISBN: 9781601988744
Category : Business & Economics
Languages : en
Pages : 90
Book Description
We provide a synthesis of the empirical evidence on market liquidity. The liquidity measurement literature has established standard measures of liquidity that apply to broad categories of market microstructure data. Specialized measures of liquidity have been developed to deal with data limitations in specific markets, to provide proxies from daily data, and to assess institutional trading programs. The general liquidity literature has established local cross-sectional patterns, global cross-sectional patterns, and time-series patterns.
Market Microstructure in Emerging and Developed Markets
Author: H. Kent BakerPublisher: John Wiley & Sons
ISBN: 1118421485
Category : Business & Economics
Languages : en
Pages : 758
Book Description
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.
Study of the Securities Industry
Author: United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and FinancePublisher:
ISBN:
Category : Government publications
Languages : en
Pages : 2614
Book Description
Liquidity and Asset Prices
Author: Yakov AmihudPublisher: Now Publishers Inc
ISBN: 1933019123
Category : Business & Economics
Languages : en
Pages : 109
Book Description
Liquidity and Asset Prices reviews the literature that studies the relationship between liquidity and asset prices. The authors review the theoretical literature that predicts how liquidity affects a security's required return and discuss the empirical connection between the two. Liquidity and Asset Prices surveys the theory of liquidity-based asset pricing followed by the empirical evidence. The theory section proceeds from basic models with exogenous holding periods to those that incorporate additional elements of risk and endogenous holding periods. The empirical section reviews the evidence on the liquidity premium for stocks, bonds, and other financial assets.
Hearings, Reports and Prints of the House Committee on Interstate and Foreign Commerce
Author: United States. Congress. House. Committee on Interstate and Foreign CommercePublisher:
ISBN:
Category : Interstate commerce
Languages : en
Pages : 1222
Book Description
Hearings
Author: United States. Congress. House. Committee on Interstate and Foreign CommercePublisher:
ISBN:
Category :
Languages : en
Pages : 1378
Book Description
Orman V. Charles Swab & Co., Inc
Author: The Microstructure of Government Securities Markets
Author: Mr.Peter DattelsPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 106
Book Description
This paper applies the “market microstructure” literature to the specific features of government securities markets and draws implications for the strategy to develop government securities markets. It argues for an active role of the authorities in fostering the development of efficient market structures.
Interbank Tiering and Money Center Banks
Author: Ben CraigPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 50
Book Description