Description
| Product ID: | 9781138563742 |
| Product Form: | Hardback |
| Country of Manufacture: | GB |
| Series: | Routledge Library Editions: Financial Markets |
| Title: | Stock Exchange Automation |
| Authors: | Author: Jamal Munshi |
| Page Count: | 104 |
| Subjects: | Economics, Economics, Finance and accounting, Finance and the finance industry, Corporate finance, Credit and credit institutions, Investment and securities, Business and Management, Finance & accounting, Finance, Corporate finance, Credit & credit institutions, Investment & securities, Business & management |
| Description: | Select Guide Rating Stock Exchange Automation addresses the pivotal role played by capital markets in the market economics. 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. |
| Imprint Name: | Routledge |
| Publisher Name: | Taylor & Francis Ltd |
| Country of Publication: | GB |
| Publishing Date: | 2017-11-30 |
