Zicklin School of Business Financial Markets Series

The Quality of Our Financial Markets

Taking Stock of Where We Stand

Editors: Schwartz, Robert A., Byrne, John Aidan, Schnee, Gretchen (Eds.)

  • ​Annual industry conference offered exclusively at Baruch College
  • Open dialogue with industry leaders
  • Current topics and trends and new ideas discussed​
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eBook $159.00
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  • ISBN 978-1-4614-5592-9
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  • Immediate eBook download after purchase
Hardcover $209.00
price for USA
  • ISBN 978-1-4614-5591-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $209.00
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  • ISBN 978-1-4899-9635-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

The structure and operations of the US equity markets have evolved dramatically in recent decades with the advent of major technology and regulatory changes.  Nothing short of a groundbreaking shift has occurred in the securities industry as the transition has been made from predominantly manual, human intermediated trading to predominantly electronic trading.  By many measures, commission, spreads and market impact costs have been dramatically reduced in recent years. But does that mean that market quality has improved? That is the key question addressed in this book, titled after the Baruch College Conference, “The Quality of Our Financial Markets: Taking Stock of Where We Stand.”  Featuring contributions from a distinguished panel of practitioners, academicians, and regulators, this volume offers a penetrating and timely account of the most current issues in market quality, covering such topics as high-frequency trading; the Flash Crash of May 6th, 2010; dark pools; lit pools; fragmentation; disruptive and advanced technologies. And, very significantly, it takes a close look at the impact and influence of regulation.

The Zicklin School of Business Financial Markets Series presents the insights emerging from a sequence of conferences hosted by the Zicklin School at Baruch College for industry professionals, regulators, and scholars. Much more than historical documents, the transcripts from the conferences are edited for clarity, perspective and context; material and comments from subsequent interviews with the panelists and speakers are integrated for a complete thematic presentation. Each book is focused on a well delineated topic, but all deliver broader insights into the quality and efficiency of the U.S. equity markets and the dynamic forces changing them.

Table of contents (6 chapters)

  • High-Frequency Trading: Friend or Foe?

    Gatheral, Jim (et al.)

    Pages 1-16

  • Mid-Day Address

    Francioni, Reto

    Pages 17-27

  • May 6: Lessons Learned and Questions Raised

    Brooks, Andrew (et al.)

    Pages 29-44

  • The Needs of the Buy-Side: How Well Are They Being Met?

    Shapiro, Rob (et al.)

    Pages 45-64

  • New Technology: What Does It Bring to the Table?

    Hooper, Marcus (et al.)

    Pages 65-81

Buy this book

eBook $159.00
price for USA (gross)
  • ISBN 978-1-4614-5592-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $209.00
price for USA
  • ISBN 978-1-4614-5591-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $209.00
price for USA
  • ISBN 978-1-4899-9635-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Quality of Our Financial Markets
Book Subtitle
Taking Stock of Where We Stand
Editors
  • Robert A. Schwartz
  • John Aidan Byrne
  • Gretchen Schnee
Series Title
Zicklin School of Business Financial Markets Series
Copyright
2013
Publisher
Springer-Verlag New York
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-1-4614-5592-9
DOI
10.1007/978-1-4614-5592-9
Hardcover ISBN
978-1-4614-5591-2
Softcover ISBN
978-1-4899-9635-0
Edition Number
1
Number of Pages
XIV, 90
Topics