Trading and Electronic Markets: What Investment Professionals Need to Know

3.71 avg rating
( 7 ratings by Goodreads )
 
9781934667910: Trading and Electronic Markets: What Investment Professionals Need to Know
View all copies of this ISBN edition:
 
 

The true meaning of investment discipline is to trade only when you rationally expect that you will achieve your desired objective. Accordingly, managers must thoroughly understand why they trade. Because trading is a zero-sum game, good investment discipline also requires that managers understand why their counterparties trade. This book surveys the many reasons why people trade and identifies the implications of the zero-sum game for investment discipline. It also identifies the origins of liquidity and thus of transaction costs, as well as when active investment strategies are profitable. The book then explains how managers must measure and control transaction costs to perform well. Electronic trading systems and electronic trading strategies now dominate trading in exchange markets throughout the world. The book identifies why speed is of such great importance to electronic traders, how they obtain it, and the trading strategies they use to exploit it. Finally, the book analyzes many issues associated with electronic trading that currently concern practitioners and regulators.

"synopsis" may belong to another edition of this title.

Buy New View Book
List Price: US$ 9.95
US$ 14.97

Convert Currency

Shipping: US$ 8.02
From United Kingdom to U.S.A.

Destination, Rates & Speeds

Add to Basket

Top Search Results from the AbeBooks Marketplace

1.

Larry Harris
Published by CFA Institute Research Foundation
ISBN 10: 1934667919 ISBN 13: 9781934667910
New Paperback Quantity Available: 1
Seller:
Revaluation Books
(Exeter, United Kingdom)
Rating
[?]

Book Description CFA Institute Research Foundation. Paperback. Condition: Brand New. In Stock. Seller Inventory # zk1934667919

More information about this seller | Contact this seller

Buy New
US$ 14.97
Convert Currency

Add to Basket

Shipping: US$ 8.02
From United Kingdom to U.S.A.
Destination, Rates & Speeds

2.

Larry Harris
Published by CFA Institute Research Foundation (2015)
ISBN 10: 1934667919 ISBN 13: 9781934667910
New Softcover Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description CFA Institute Research Foundation, 2015. Condition: New. book. Seller Inventory # M1934667919

More information about this seller | Contact this seller

Buy New
US$ 23.11
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds