num_pages: 656
description: This book is about trading the people who trade securities and contracts the marketplaces where they trade and the rules that govern it. Readers will learn about investors brokers dealers arbitrageurs retail traders day traders rogue traders and gamblers; exchanges boards of trade dealer networks ECNs (electronic communications networks) crossing markets and pink sheets. Also covered in this text are single price auctions open outcry auctions and brokered markets limit orders market orders and stop orders. Finally the author covers the areas of program trades block trades and short trades price priority time precedence public order precedence and display precedence insider trading scalping and bluffing and investing speculating and gambling.
language: English
title: Trading and Exchanges: Market Microstructure for Practitioners
publisher: Oxford University Press