{"product_id":"9789814566186","title":"Market Microstructure In Practice","description":"\u003cp\u003e\u003ci\u003eMarket Microstructure in Practice\u003c\/i\u003e comments on the consequences of Reg NMS and MiFID on market microstructure. It covers changes in market design, electronic trading, and investor and trader behaviors. The emergence of high frequency trading and critical events like the “Flash Crash” of 2010 are also analyzed in depth. Edited by Charles-Albert Lehalle and Sophie Laruelle, and with contributions from Romain Burgot, Stéphanie Pelin and Matthieu Lasnier, this book uses a quantitative viewpoint to help students, academics, regulators, policy makers, and practitioners understand how an attrition of liquidity and regulatory changes can impact the whole microstructure of financial markets. A mathematical Appendix details the quantitative tools and indicators used throughout the book, allowing the reader to go further on his own.\u003c\/p\u003e\u003cb\u003eContents:\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eMonitoring the Fragmentation at Any Scale:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eFluctuations of Market Shares: A First Graph\u003c\/li\u003e\n\u003cli\u003eSmart Order Routing (SOR), A Structural Component of European Price Formation Process\u003c\/li\u003e\n\u003cli\u003eStill Looking for the Optimal Tick Size\u003c\/li\u003e\n\u003cli\u003eCan We See in the Dark?\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eUnderstanding the Stakes and the Roots of Fragmentation:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eFrom Intraday Market Share to Volume Curves: Some Stationarity Issues\u003c\/li\u003e\n\u003cli\u003eDoes More Liquidity Guarantee a Better Market Share? A Little Story About the European Bid-Ask Spread\u003c\/li\u003e\n\u003cli\u003eThe Agenda of High Frequency Traders: How Do They Extend Their Universe?\u003c\/li\u003e\n\u003cli\u003eThe Link Between Fragmentation and Systemic Risk\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003e\u003ci\u003eOptimal Organisations for Optimal Trading:\u003c\/i\u003e\u003c\/b\u003e\u003cul\u003e\n\u003cli\u003eOrganising a Trading Structure to Answer to a Fragmented Landscape\u003c\/li\u003e\n\u003cli\u003eMarket Impact Measurements: Understanding the Price Formation Process from the Viewpoint of One Investor\u003c\/li\u003e\n\u003cli\u003eOptimal Trading Methods\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\u003cbr\u003e\u003cb\u003eReadership:\u003c\/b\u003e Students, academics, researchers, finance professionals, regulators and policy makers interested in public markets, exchange and securities.\u003cbr\u003e","brand":"World Scientific Publishing Company, Incorporated","offers":[{"title":"Default Title","offer_id":47141187027184,"sku":"9789814566186","price":26.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9789814566186_p0.jpg?v=1763691422","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9789814566186","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}