LEADER 03301nam 22006734a 450 001 9910449950103321 005 20200520144314.0 010 $a1-280-26523-X 010 $a9786610265237 010 $a0-471-68988-2 035 $a(CKB)1000000000244118 035 $a(EBL)214331 035 $a(OCoLC)56899573 035 $a(SSID)ssj0000148898 035 $a(PQKBManifestationID)11149415 035 $a(PQKBTitleCode)TC0000148898 035 $a(PQKBWorkID)10237121 035 $a(PQKB)10906532 035 $a(MiAaPQ)EBC214331 035 $a(Au-PeEL)EBL214331 035 $a(CaPaEBR)ebr10114084 035 $a(CaONFJC)MIL26523 035 $a(EXLCZ)991000000000244118 100 $a20040715d2004 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEquity markets in action$b[electronic resource] $ethe fundamentals of liquidity, market structure & trading /$fRobert A. Schwartz, Reto Francioni 210 $aHoboken, N.J. $cJ. Wiley & Sons$dc2004 215 $a1 online resource (482 p.) 225 1 $aWiley trading 300 $aSeries statement from dust jacket. 311 $a0-471-46922-X 320 $aIncludes bibliographical references (p. 434-448) and index. 327 $aEquity Markets in Action; Contents; Preface; CHAPTER 1 The Role of an Equity Market; CHAPTER 2 From Information to Prices; CHAPTER 3 Liquidity; CHAPTER 4 What We Want from Our Markets; CHAPTER 5 Institutional Order Flow; CHAPTER 6 Order-Driven Markets; CHAPTER 7 Intermediated Markets; CHAPTER 8 The Evolving Scene in the United States; CHAPTER 9 The Evolving Scene in Europe; CHAPTER 10 Clearing and Settlement; CHAPTER 11 Regulation; CHAPTER 12 Simulated Trading; APPENDIX A Prices and Returns; APPENDIX B From Portfolio Decisions to Trading in a Frictionless Environment 327 $aAPPENDIX C Dimensions of Informational EfficiencyAPPENDIX D The Concept of Self-Regulation; Selected Readings; About the Authors; About the CD-ROM; Index 330 $aAn in-depth look at the nature of market making and exchangesFrom theory to practicalities, this is a comprehensive, up-to-date handbook and reference on how markets work and the nuances of trading. It includes a CD with an interactive trading simulation.Robert A. Schwartz, PhD (New York, NY), is Marvin M. Speiser Professor of Finance and University Distinguished Professor in the Zicklin School of Business, Baruch College, CUNY. Reto Francioni, PhD (Zurich, Switzerland), is President and Chairman of the Board of SWX, the Swiss Stock Exchange, and former co-CEO of Consors Discount Broke 410 0$aWiley trading. 606 $aStock exchanges 606 $aSecurities 606 $aProgram trading (Securities) 606 $aLiquidity (Economics) 608 $aElectronic books. 615 0$aStock exchanges. 615 0$aSecurities. 615 0$aProgram trading (Securities) 615 0$aLiquidity (Economics) 676 $a332.64 700 $aSchwartz$b Robert A$g(Robert Alan),$f1937-$0854668 701 $aFrancioni$b Reto$0236086 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910449950103321 996 $aEquity markets in action$91908488 997 $aUNINA