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Dark pools = the structure and future of off-exchange trading and liquidity /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Dark pools/ Erik Banks.
Reminder of title:	the structure and future of off-exchange trading and liquidity /
Author:	Banks, Erik.
Published:	Basingstoke, Hampshire [England] ;Palgrave Macmillan, : 2010.,
Description:	x, 227 p. :ill. :
Subject:	Capital market. -
Online resource:	access to fulltext (Palgrave)
ISBN:	9780230275218

Dark pools = the structure and future of off-exchange trading and liquidity /
Banks, Erik.

Dark poolsthe structure and future of off-exchange trading and liquidity /[electronic resource] :Erik Banks. - Basingstoke, Hampshire [England] ;Palgrave Macmillan,2010. - x, 227 p. :ill. - Palgrave Macmillan finance and capital markets series. - Finance and capital markets..

Includes bibliographical references and index.

Machine generated contents note: PART I: THE NATURE OF CATASTROPHE -- Taxonomy of Risk -- Catastrophes -- Financial Catastrophe -- PART II:THE RISK FRAMEWORK -- The Risk Management Process -- Models, Metrics and Limitations -- PART III: PRACTICAL MANAGEMENT -- Past Catastrophes -- Lessons Learned and Prescriptive Measures -- The Future of Risk Management.

Dark Pools is a practical text dealing with the increasingly important topic of dark pools, or non-displayed, off-exchange trading and liquidity. A growing amount of institutional trading occurs away from exchanges and expansion in this little understood sector of the market is set to continue. The book is organized in three parts: Market Structure, Micro Issues, and Environment of the Future. The first chapters consider the development and evolution of the equity trading marketplace overthe past two decades, including the creation of dedicated dark pool platforms, and introduce the concept of market liquidity, the formation ofdisplayed and non-displayed orders, and the operation andstructure ofkey dark pools. Attention then turns to the architecture of a typical dark pool, and how orders are routed to capture dimensions of non-displayed liquidity. This is followed by an analysis of the pricing and economics of dark liquidity and common trading strategies employed by institutions - including dark algorithms, high frequency trading and the controversial mechanism of 'gaming.'The final chapters analyze the regulatory and control framework and consider how dark pools may evolvein a post-financial crisis world.

Electronic reproduction.
Basingstoke, England :
Palgrave Macmillan,
2010.

Mode of access:World Wide Web.

ISBN: 9780230275218Subjects--Topical Terms:

131266
Capital market.
Index Terms--Genre/Form:

96803
Electronic books.

LC Class. No.: HG4523 / .B364 2010

Dewey Class. No.: 332.64/2

Dark pools = the structure and future of off-exchange trading and liquidity /
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020 $a 9780230275218
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041 0 $a eng
049 $a APTA
050 1 4 $a HG4523 $b .B364 2010
082 0 4 $a 332.64/2 $2 22
100 1 $a Banks, Erik. $3 233115
245 1 0 $a Dark pools $h [electronic resource] : $b the structure and future of off-exchange trading and liquidity / $c Erik Banks.
260 $a Basingstoke, Hampshire [England] ; $a New York : $c 2010. $b Palgrave Macmillan,
300 $a x, 227 p. : $b ill.
490 1 $a Palgrave Macmillan finance and capital markets series
504 $a Includes bibliographical references and index.
505 8 $a Machine generated contents note: PART I: THE NATURE OF CATASTROPHE -- Taxonomy of Risk -- Catastrophes -- Financial Catastrophe -- PART II:THE RISK FRAMEWORK -- The Risk Management Process -- Models, Metrics and Limitations -- PART III: PRACTICAL MANAGEMENT -- Past Catastrophes -- Lessons Learned and Prescriptive Measures -- The Future of Risk Management.
520 $a Dark Pools is a practical text dealing with the increasingly important topic of dark pools, or non-displayed, off-exchange trading and liquidity. A growing amount of institutional trading occurs away from exchanges and expansion in this little understood sector of the market is set to continue. The book is organized in three parts: Market Structure, Micro Issues, and Environment of the Future. The first chapters consider the development and evolution of the equity trading marketplace overthe past two decades, including the creation of dedicated dark pool platforms, and introduce the concept of market liquidity, the formation ofdisplayed and non-displayed orders, and the operation andstructure ofkey dark pools. Attention then turns to the architecture of a typical dark pool, and how orders are routed to capture dimensions of non-displayed liquidity. This is followed by an analysis of the pricing and economics of dark liquidity and common trading strategies employed by institutions - including dark algorithms, high frequency trading and the controversial mechanism of 'gaming.'The final chapters analyze the regulatory and control framework and consider how dark pools may evolvein a post-financial crisis world.
520 $a "Dark Pools is a practical text dealing with the increasingly important topic of dark pools, or non-displayed, off-exchange trading and liquidity. It discusses the development of the equity trading marketplace over the past two decades and how dark pools may evolve in a post-financial crisis world"--Provided by publisher.
533 $a Electronic reproduction. $b Basingstoke, England : $c Palgrave Macmillan, $d 2010. $n Mode of access:World Wide Web. $n System requirements: Web browser. $n Title from title screen (viewed on July 14, 2010). $n Access may be restricted to users at subscribing institutions.
650 0 $a Capital market. $3 131266
650 0 $a Liquidity (Economics) $3 279823
650 0 $a Risk. $3 87933
655 7 $a Electronic books. $2 local. $3 96803
710 2 $a Palgrave Connect (Online service) $3 227469
776 1 $c Original $z 9780230238107 $z 0230238106 $w (DLC) 2009048415 $w (OCoLC)430839332
830 0 $a Finance and capital markets. $3 233841
856 4 0 $3 Palgrave Connect $u http://www.palgraveconnect.com/doifinder/10.1057/9780230275218 $z access to fulltext (Palgrave)