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Authors: Robert A. Schwartz
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Specialists and floor brokers, in direct contact on the trading floor, are at the heart of operations at the national U.S. equity exchanges. At the other end of
Trading and Exchanges
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Pages: 664
Authors: Larry Harris
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Focusing on market microstructure, Harris (chief economist, U.S. Securities and Exchange Commission) introduces the practices and regulations governing stock tr
Trading and Electronic Markets: What Investment Professionals Need to Know
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Type: BOOK - Published: 2015-10-19 - Publisher: CFA Institute Research Foundation

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The true meaning of investment discipline is to trade only when you rationally expect that you will achieve your desired objective. Accordingly, managers must t
Informed Traders as Liquidity Providers
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Authors: Alexandra Hachmeister
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Alexandra Hachmeister’s thesis empirically analyzes and positively answers the question whether informed traders provide liquidity in an open limit order book
Transparency and Fragmentation
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This is the first major treatment of the effects of increased transparency on financial markets: an important and highly controversial issue for both traders an