"The process by which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical

This book explores the effect of liquidity on asset prices, liquidity variations over time and how liquidity risk affects prices.

Brings together today's best financial minds across the world to discuss the issue of liquidity in today's markets. It is often proxied by trade-based measures

This open access book addresses four standard business school subjects: microeconomics, macroeconomics, finance and information systems as they relate to tradin

An in-depth look at the nature of market making and exchanges From theory to practicalities, this is a comprehensive, up-to-date handbook and reference on how m