Stock Exchange Automation (Routledge Library Editions: Financial Markets #8)
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- Synopsis
- Originally published in 1994, Stock Exchange Automation addresses the pivotal role played by capital markets in the market economics. Capital markets are an essential component of the free market system. The book argues that the capital markets function as an allocator of investable funds among competing uses. The movement toward automated markets requires that we understand how automation changes market behaviour. The book also examines the concept of market microstructure theory, and the implication that some forms of automation should affect prices. Theories of price formation in the specialist based trading system hypothesise that the trading mechanism induces short term price volatility.
- Copyright:
- 1994
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9781351348560
- Related ISBNs:
- 9781315121925, 9781138563742, 9781138563742, 9781138563759, 9781138563759
- Publisher:
- Taylor and Francis
- Date of Addition:
- 06/27/20
- Copyrighted By:
- Brendan Brown, 1
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.