Stock Exchange Automation

Jamal Munshi (Autor)

Buch | Softcover

104 Seiten

2019
Routledge (Verlag)
978-1-138-56375-9 (ISBN)

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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.

Jamal Munshi

1. An Overview of Capital Markets and the Nature of this Investigation 2. Market Microstructure and the Impact of Information Technology: Previous Research 3. The Empirical Test 4. Data Analysis and Results 5. Summary and Conclusions Bibliography

Erscheinungsdatum	31.05.2019
Reihe/Serie	Routledge Library Editions: Financial Markets
Verlagsort	London
Sprache	englisch
Maße	156 x 234 mm
Gewicht	453 g
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
	Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
	Wirtschaft ► Volkswirtschaftslehre
ISBN-10	1-138-56375-7 / 1138563757
ISBN-13	978-1-138-56375-9 / 9781138563759
Zustand	Neuware