Call auction trading :new answers to old questions
- 其他作者: Schwartz, Robert A. , Byrne, John Aidan. , Colaninno, Antoinette.
- 出版: Boston : Kluwer Academic Publishers ©2003.
- 稽核項: 1 online resource (xx, 157 pages) :illustrations.
- 標題: Financiering. , Effecten (waardepapieren) , Congressen (vorm) , Conference papers and proceedings. , BUSINESS & ECONOMICS Investments & Securities -- General. , Options (Finance) , Electronic trading of securities , E-commerce. , Electronic trading of securities Congresses. , Electronic books. , Investments & SecuritiesGeneral. , Electronic trading of securities. , Options (Finance) Congresses. , Opties. , BUSINESS & ECONOMICS
- ISBN: 0306479761 , 9780306479762
- 試查全文@TNUA:
- 附註: "Based on the proceedings of 'The Electronic Call Auction: New Answers to Old Questions', a conference hosted by the Zicklin School of Business on May 16, 2000"--Page [xiii]. Includes bibliographical references and index. Ch. 1. The Call Auction Alternative -- Ch. 2. The Broad Perspective -- Ch. 3. View From a Market Maker -- Ch. 4. Alternative Call Auction Designs -- Ch. 5. Darwinism vs. Protectionism In the US Equity Markets -- Ch. 6. View from a Derivatives Exchange -- Ch. 7. Integrating Call and Continuous Trading -- Ch. 8. A Call Auction's Role in the Marketplace.
- 摘要: "The purpose of Call Auction Trading: New Answers to Old Questions is to consider how a call auction facility operates and its broader role in the marketplace. A spectrum of questions are raised and debated. What is a call auction? How should call auctions be designed? How should call auction and continuous trading be integrated in a hybrid market structure? What is the price discovery function of a call auction, especially at market openings? When the dust settles on the answers, it may be recognized that the introduction of electronic call auction trading in our markets is one of the most profound changes in U.S. equity market structure that could be made."--Jacket.
- 電子資源: https://dbs.tnua.edu.tw/login?url=https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=99296
- 系統號: 005320552
- 資料類型: 電子書
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- 引用網址: 複製連結
This book is based on the proceedings of The Electronic Call Auction: New Answers to Old Questions, a conference hosted by the Zicklin School of Business on May 16, 2000. The text includes the edited transcripts of the panel discussions and separate addresses by three major industry executives Douglas M. Atkin, formerly President and CEO, Instinet Corporation; Kenneth D. Pasternak, formerly President and CEO, Knight/Trimark Group, Inc., and William J. Brodsky, Chairman and CEO, Chicago Board Options Exchange. The electronic call auction is an important trading vehicle in many market centers around the world, but is not well understood in the US. What are call auctions? How should they be designed and integrated with continuous trading in a hybrid market structure? As call auctions play a more central role in the US markets, how will they affect market quality in terms of transparency, order flow consolidation, and price discovery? These and other critical questions were asked at the conference while the efficiency of the US markets was broadly assessed.
來源: Google Book
來源: Google Book
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