Trading and Exchanges

Trading and Exchanges

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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.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.


Title:Trading and Exchanges
Author: Larry Harris
Publisher:Oxford University Press, USA - 2003
ISBN-13:

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