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Market Microstructure: Confronting Many Viewpoints (The Wiley Finance Series)


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 |  2012-04-03 |  2012-04-03 | File type: PDF

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The latest cutting-edge research on market microstructure

Based on the December 2010 conference on market microstructure, organized with the help of the Institut Louis Bachelier, this guide brings together the leading thinkers to discuss this important field of modern finance. It provides readers with vital insight on the origin of the well-known anomalous "stylized facts" in financial prices series, namely heavy tails, volatility, and clustering, and illustrat...

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