Aims |
* Explain how financial markets work and how prices come
to reflect information
* Analyze how various trading rules affect price efficiency,
liquidity, transparency, and trading profits
* Implement and assess basic trading strategies
* Analyze and discuss the recent evolution of the
European trading landscape
* Explain and apply the fundamentals of Transaction Cost
Analysis
The contribution of this Teaching Unit to the development and
command of the skills and learning outcomes of the programme(s) can be
accessed at the end of this sheet, in the section entitled
“Programmes/courses offering this Teaching Unit”.
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Bibliography |
* Foucault T., Pagano M. & Röell A, 2013, "Market
Liquidity: Theory, Evidence, and Policy", Oxford University
Press
* Harris L., 2003, "Trading & Exchanges : Market
Microstructure for Practitioners", Oxford University Press
* Giraud JR. & D'Hondt C., 2006, "MiFID: Convergence
towards a unified European capital markets industry",
Riskbooks
* D'Hondt, C. & J.R. Giraud, 2007, "MiFID: the (in)famous
European Directive?", EDHEC Position Paper, March.
* Kissell, R. and M. Glantz, 2003, "Optimal Trading
Strategies", USA (New York): AMACOM, 382pp.
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