Introduction To Trade Execution, Arbitrage and Dealing in Australia (Pearson Original Edition)
Addison Wesley Longman Australia Pty Ltd
22 Jul 2008
A large portion of trading activity in financial markets involves brokers, arbitrageurs and dealers or market makers. The aim of this book is to provide a rigorous yet practical treatment of the principles underlying these types of trading activity. A large and growing body of research in finance deals with such activity, and appears in the literature commonly referred to as the security market microstructure literature.
The book provides a review of the securities market microstructure literature concerned with trade execution, arbitrage and market making. Wherever possible, the principles developed in research are illustrated through worked examples and illustrations.