Financial Trading and Investing

2 ed
ISBN: 978-0-12-811116-1
Verlag: Elsevier Science Publishing Co Inc

Buch, Englisch, 522 Seiten, Format (B × H): 236 mm x 192 mm, Gewicht: 1046 g

Financial Trading and Investing, Second Edition, delivers the most current information on trading and market microstructure for undergraduate and master's students. Without demanding a background in econometrics, it explores alternative markets and highlights recent regulatory developments, implementations, institutions and debates. New explanations of controversial trading tactics (and blunders), such as high-frequency trading, dark liquidity pools, fat fingers, insider trading, and flash orders emphasize links between the history of financial regulation and events in financial markets. New sections on valuation and hedging techniques, particularly with respect to fixed income and derivatives markets, accompany updated regulatory information.

In addition, new case studies and additional exercises are included on a website that has been revised, expanded and updated. Combining theory and application, the book provides the only up-to-date, practical beginner's introduction to today's investment tools and markets.

Zielgruppe

<p>Economics and finance upper-division undergraduates, graduate students, and professionals worldwide working in finance, financial engineering, quantitative finance, and risk management.</p>

Autoren/Hrsg.

Teall, John L.

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Internationale Finanzmärkte
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationale Finanzmärkte
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Börse, Rohstoffe

Inhaltsverzeichnis

1. Introduction to Securities Trading and Markets
2. Financial Markets, Trading Processes, and Instruments
3. Institutional Trading
4. Regulation of Trading and Securities Markets
5. Adverse Selection, Trading, and Spreads
6. Random Walks, Risk and Arbitrage
7. Arbitrage and Hedging with Fixed Income Instruments and Currencies
8. Arbitrage and Hedging with Options
9. Evaluating Trading Strategies and Performance
10. The Mind of the Investor
11. Market Efficiency
12. Trading Gone Awry
Mathematics Appendix
Glossary
End-of-Chapter Exercise Solutions

Über Autor(innen)

Teall, John L.
John Teall is a visiting professor at LUISS Business School in Rome, Italy. He is a former member of the American Stock Exchange and has served as a consultant to Deutsche Bank, Goldman Sachs, and other financial institutions.