Can I read The New Stock Market : Law, Economics, and Policy on EtoBox?

The New Stock Market : Law, Economics, and Policy by Merritt B. Fox & Lawrence Glosten & Gabriel Rauterberg [Fox, Merritt B.] is a nonfiction available to read on EtoBox.

What is The New Stock Market : Law, Economics, and Policy about?

Présentation de l'éditeur : "The U.S. stock market has been transformed over the last twenty-five years. Once a market in which human beings traded at human speeds, it is now an electronic market pervaded by algorithmic trading, conducted at speeds nearing that of light. High-frequency traders participate in a large portion of all transactions, and a significant minority of all trade occurs on alternative trading systems known as “dark pools.” These developments have been widely criticized, but there is no consensus on the best regulatory response to these dramatic changes. The New Stock Market offers a comprehensive new look at how these markets work, how they fail, and how they should be regulated. Merritt B. Fox, Lawrence R. Glosten, and Gabriel V. Rauterberg describe stock markets' institutions and regulatory architecture. They draw on the informational paradigm of microstructure economics to highlight the crucial role of information asymmetries and adverse selection in explaining market behavior, while examining a wide variety of developments in market practices and participants. The result is a compelling account of the stock market's regulatory framework, fundamental insti

Who reads The New Stock Market : Law, Economics, and Policy?

Author

Merritt B. Fox & Lawrence Glosten & Gabriel Rauterberg [Fox, Merritt B.]

Publisher

Columbia University Press

Published

2019

Language

EN

ISBN

9782018037230

Category

nonfiction

Subjects

Business, Law, Economics