Trading and Exchanges
Larry Harris
Describes in plain words how markets work; how governments and exchanges regulate them; and how traders create liquidity,volatility, informative prices, trading profits, and transaction costs. It identifies the trading strategies that make markets liquid, produce prices that reflect information about fundamental values, and allow some traders to consistently profit while others lose. Since the success of trading strategies depends on the trading rules that markets use, the text also considers the regulatory forces that create and enforce trading rules.
年:
2003
出版社:
Oxford University Press, USA
语言:
english
页:
643
ISBN 10:
0195144708
ISBN 13:
9780195144703
文件:
PDF, 11.37 MB
IPFS:
,
english, 2003
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