Automating The Price Discovery Process

Author : Mr.Ian Domowitz
Publisher : International Monetary Fund
ISBN 13 : 1451850255
Total Pages : 32 pages
Book Rating : 4.53/5 ( download)

DOWNLOAD NOW!

Download or read book Automating the Price Discovery Process written by Mr.Ian Domowitz and published by International Monetary Fund. This book was released on 1992-10-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Automated trade execution systems are examined with respect to the degree to which they automate the price discovery process. Seven levels of automation of price discovery are identified, and 47 systems are classified according to these criteria. Systems operating at various levels of automation are compared with respect to age, geographical location, and type of securities traded. Information provided to market participants, and asymmetries of information between traders with direct access to the automated market and outside investors also are examined. It is found, for example, that the degree of asymmetric information increases with the level of automation of price discovery. The potential for trading abuses related to prearranged trading, noncompetitive execution, and trading ahead of customers is analyzed for each level of automation. Certain levels of automation widen the opportunities for trading abuses in some respects, but may narrow them in others.

Author : Fondo Monetario Internacional
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.03/5 ( download)

DOWNLOAD NOW!

Download or read book Automating the price discovery process written by Fondo Monetario Internacional and published by . This book was released on 1992 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Kurt Bauknecht
Publisher : Springer
ISBN 13 : 3540444637
Total Pages : 500 pages
Book Rating : 4.33/5 ( download)

DOWNLOAD NOW!

Download or read book Electronic Commerce and Web Technologies written by Kurt Bauknecht and published by Springer. This book was released on 2003-06-29 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume includes the papers accepted for the First International Conference on Electronic Commerce and Web Technologies, which was held in Greenwich, UK, on September 4-6, 2000. The conference is the first of a series of planned conferences on these topics with the goal to bring together researchers from academia, practitioners and commercial developers from industry, and users to assess current methodologies and explore new ideas in e-commerce and web technology. The conference attracted 120 papers from all over the world and each paper was reviewed by at least three program committee members for its merit. The program committee finally selected 42 papers for presentation and inclusion in these conference proceedings. The conference program consisted of 14 technical sessions and two invited talks spread over three days. The regular sessions covered topics such as web application design, intellectual property rights, security and fairness, distributed organizations, web usage analysis, modelling of web applications, electronic commerce success factors, electronic markets, XML, web mining, electronic negotiation, integrity and performance, facilitating electronic commerce, and mobile electronic commerce. There were two invited addresses at the conference. The first was by Anthony Finkelstein, University College London, UK on "A Foolish Consistency: Technical Challenges in Consistency Management". This was a common address to the DEXA, the DaWaK and the EC-Web attendees. The second talk was by Paul Timmers, European Commission, Information Technologies Directorate on "The Role of Technology for the e-Economy".

Author : Hans R. Stoll
Publisher : Springer Science & Business Media
ISBN 13 : 940112180X
Total Pages : 153 pages
Book Rating : 4.04/5 ( download)

DOWNLOAD NOW!

Download or read book Microstructure of World Trading Markets written by Hans R. Stoll and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume addresses various aspects of the microstructure of world trading markets and provides scientific evidence on the functioning of specific foreign markets. The study of market microstructure has previously focused on the U.S. markets, but with the rapid expansion in foreign markets there is a real need to understand the nature and functioning of foreign trading markets.

Author : Fabian Muniesa
Publisher : Routledge
ISBN 13 : 1135090025
Total Pages : 137 pages
Book Rating : 4.29/5 ( download)

DOWNLOAD NOW!

Download or read book The Provoked Economy written by Fabian Muniesa and published by Routledge. This book was released on 2014-05-16 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do things such as performance indicators, valuation formulas, consumer tests, stock prices or financial contracts represent an external reality? Or do they rather constitute, in a performative fashion, what they refer to? The Provoked Economy tackles this question from a pragmatist angle, considering economic reality as a ceaselessly provoked reality. It takes the reader through a series of diverse empirical sites – from public administrations to stock exchanges, from investment banks to marketing facilities and business schools – in order to explore what can be seen from such a demanding standpoint. It demonstrates that descriptions of economic objects do actually produce economic objects and that the simulacrum of an economic act is indeed a form of realization. It also shows that provoking economic reality means facing practical tests in which what ought to be economic or not is subject to elaboration and controversy. This book opens paths for empirical investigation in the social sciences, but also for the philosophical renewal of the critique of economic reality. It will be useful for students and scholars in social theory, sociology, anthropology, philosophy and economics.

Author : Ruben Lee
Publisher : OUP Oxford
ISBN 13 : 0191584126
Total Pages : 429 pages
Book Rating : 4.21/5 ( download)

DOWNLOAD NOW!

Download or read book What is an Exchange? written by Ruben Lee and published by OUP Oxford. This book was released on 1998-11-12 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: New technology has revolutionized the nature and threatened the existence of traditional stock and futures exchanges. This book analyses how they have responded to developments in automation,

Author : United States. Securities and Exchange Commission. Division of Market Regulation
Publisher :
ISBN 13 :
Total Pages : 462 pages
Book Rating : 4.01/5 ( download)

DOWNLOAD NOW!

Download or read book Market 2000 written by United States. Securities and Exchange Commission. Division of Market Regulation and published by . This book was released on 1994 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : 400 pages
Book Rating : 4.08/5 ( download)

DOWNLOAD NOW!

Download or read book Revue suisse d'économie politique et de statistique written by and published by . This book was released on 1997 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Philip Mirowski
Publisher : Cambridge University Press
ISBN 13 : 9780521775267
Total Pages : 674 pages
Book Rating : 4.64/5 ( download)

DOWNLOAD NOW!

Download or read book Machine Dreams written by Philip Mirowski and published by Cambridge University Press. This book was released on 2002 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first cross-over book into the history of science written by an historian of economics. It shows how 'history of technology' can be integrated with the history of economic ideas. The analysis combines Cold War history with the history of postwar economics in America and later elsewhere, revealing that the Pax Americana had much to do with abstruse and formal doctrines such as linear programming and game theory. It links the literature on 'cyborg' to economics, an element missing in literature to date. The treatment further calls into question the idea that economics has been immune to postmodern currents, arguing that neoclassical economics has participated in the deconstruction of the integral 'self'. Finally, it argues for an alliance of computational and institutional themes, and challenges the widespread impression that there is nothing else besides American neoclassical economic theory left standing after the demise of Marxism.

Author : Daniel Friedman
Publisher : Routledge
ISBN 13 : 0429961081
Total Pages : 456 pages
Book Rating : 4.83/5 ( download)

DOWNLOAD NOW!

Download or read book The Double Auction Market written by Daniel Friedman and published by Routledge. This book was released on 2018-05-04 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on markets organized as double auctions in which both buyers and sellers can submit bids and asks for standardized units of well-defined commodities and securities. It examines evidence from the laboratory and computer simulations.