Description: Electronic Call Auction : Market Mechanism and Trading : Building a Better Stock Market, Hardcover by Schwartz, Robert A. (EDT); Beiner, Nicole (EDT); Humbach, Miriam J. (EDT), ISBN 0792372565, ISBN-13 9780792372561, Like New Used, Free shipping in the US ROBERT A. SCHWARTZ The primary objective of this book is to consider how the inclusion of electronic call auction trading would affect the performance of our . equity markets. The papers it contains focus on the call auction and its role in a hybrid market struc ture. The purpose is to increase understanding of this trading environment, and to consider the design of a more efficient stock market. This book had its origin in a symposium, Electronic Call Market Trading, that was held at New York Universitys Salomon Center on April 20, 1995. Nearly 150 people from 16 different countries attended. At the time, three proprietary trading systems based on call auction principles (The Arizona Stock Exchange, Posit, and Instinets Crossing Network) had been operating for several years and interest already existed in the procedure. Since the symposium, increasing use has been made of call auctions, primarily by the ParisBourse in its Nouveau Marchi: and CAC markets, by Deutsche Borse in its Xetra market, and in the . by OptiMark. Rather than being used as stand alone systems, however, call auctions are now being interfaced with continuous markets so as to produce hybrid market structures, a development that is given considerable attention to in a number of the chapters in this book.
Price: 188.11 USD
Location: Jessup, Maryland
End Time: 2024-12-29T11:45:15.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Return policy details:
Book Title: Electronic Call Auction : Market Mechanism and Trading : Building
Author: Schwartz, Robert A. (EDT); Beiner, Nicole (EDT); Humbach, Miriam
Language: English
