
Trading and Exchanges
Market Microstructure for Practitioners
Larry Harris(Author)
Oxford University Press
Published on 21. November 2002
Book
Hardback
656 pages
978-0-19-514470-3 (ISBN)
Description
This book is about trading, the people who trade securities and contracts, the marketplaces where they trade, and the rules that govern it. Readers will learn about investors, brokers, dealers, arbitrageurs, retail traders, day traders, rogue traders, and gamblers; exchanges, boards of trade, dealer networks, ECNs (electronic communications networks), crossing markets, and pink sheets. Also covered in this text are single price auctions, open outcry auctions, and brokered markets limit orders, market orders, and stop orders. Finally, the author covers the areas of program trades, block trades, and short trades, price priority, time precedence, public order precedence, and display precedence, insider trading, scalping, and bluffing, and investing, speculating, and gambling.
Reviews / Votes
[It] is the most comprehensive treatment of market microstructure that I have seen...he does not compromise on breadth or depth...indispensable for anyone who cares about trading * Journal of Investment Management *More details
Series
Language
English
Place of publication
Oxford
United Kingdom
Target group
Professional and scholarly
Illustrations
numerous tables and figures
Dimensions
Height: 260 mm
Width: 183 mm
Thickness: 39 mm
Weight
1409 gr
ISBN-13
978-0-19-514470-3 (9780195144703)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

E-Book
10/2002
1st Edition
OUP USA
€92.49
Available for download

E-Book
10/2002
1st Edition
OUP eBook
€92.49
Available for download
Person
Larry Harris holds the Fred V. Keenan Chair in Finance at the University of Southern California Marshall School of Business. In July 2002, Professor Harris was appointed Chief Economist of the U.S. Securities and Exchange Commission, where he served until June 2004.
Author
Fred V. Keenan Chair in Finance at Marshall School of BusinessFred V. Keenan Chair in Finance at Marshall School of Business, University of Southern California
Content
PART I: THE STRUCTURE OF TRADING; PART II: THE BENEFITS OF TRADE; PART III: SPECULATORS; PART IV: LIQUIDITY SUPPLIERS; PART V: ORIGINS OF LIQUIDITY AND VOLATILITY; PART VI: EVALUATION AND PREDICTION; PART VII: MARKET STRUCTURES