Dark Pools
Off-Exchange Liquidity in an Era of High Frequency, Program, and Algorithmic Trading
2nd Edition
Published on 6. October 2014
Book
Hardback
XI, 261 pages
978-1-137-44953-5 (ISBN)
Description
This book deals with the topic of dark trading, or non-displayed, off-exchange trading execution. It discusses the development, importance and practice of dark equity trading in an environment dominated by high frequency, program, block and algorithmic trading, and considers its future prospects in a world of mobile capital and changing regulation.
Reviews / Votes
Praise for first edition:
'This is an excellent book. It is bang up to date, in what is a very fast changing area. It is clearly written, and provides a very comprehensive description of these markets and how they work. While it fully covers dark pools, its coverage is much wider than that - covering trading in equity markets more generally' - Professor Charles Sutcliffe, The ICMA Centre, University of Reading, UK
More details
Series
Edition
2nd ed. 2014
Language
English
Place of publication
London
United Kingdom
Target group
Professional and scholarly
Edition type
Revised edition
Product notice
sewn/stitched
Cloth over boards
With dust jacket
Illustrations
XI, 261 p.
Dimensions
Height: 241 mm
Width: 164 mm
Thickness: 27 mm
Weight
578 gr
ISBN-13
978-1-137-44953-5 (9781137449535)
DOI
10.1057/9781137449573
Schweitzer Classification
Other editions
Additional editions
E. Banks
Dark Pools
Off-Exchange Liquidity in an Era of High Frequency, Program, and Algorithmic Trading
E-Book
08/2014
2nd Edition
Palgrave Macmillan
€50.28
Available for download
E. Banks
Dark Pools
Off-Exchange Liquidity in an Era of High Frequency, Program, and Algorithmic Trading
Book
01/2014
2nd Edition
Palgrave Macmillan
€50.28
Shipment within 15-20 days
Person
Erik Banks is an experienced practitioner and regular contributor to the literature in the field of financial risk management, traded markets and regulation. He has spent over 25 years in international banking, working at major financial institutions in New York, London, Tokyo, Hong Kong and Munich. During his career, Erik has been responsible for managing various aspects of financial risk and capital commitments at Merrill Lynch, UniCredit, XL Capital, and Citibank. He has also been a partner in a multi-strategy international equity hedge fund and has consulted for several other alternative asset hedge funds. Erik is the author of over 20 books on risk, derivatives, markets and governance.
Content
PART I: MARKET STRUCTURE 1. Introduction to Dark Pools 2. Market Liquidity and Structure 3. Dark Pool Structure PART II: MICRO ISSUES 4. Topics in Pricing and Execution 5. Trading in Dark Pools 6. Aspects of Technology and Architecture PART III: ENVIRONMENT OF THE FUTURE 7. Regulation, Control, and Transparency 8. The Future of Dark Pools