Details

Volatility


Volatility

Risk and Uncertainty in Financial Markets
Zicklin School of Business Financial Markets Series

von: Robert A. Schwartz, John Aidan Byrne, Antoinette Colaninno

96,29 €

Verlag: Springer
Format: PDF
Veröffentl.: 18.11.2010
ISBN/EAN: 9781441914743
Sprache: englisch
Anzahl Seiten: 137

Dieses eBook enthält ein Wasserzeichen.

Beschreibungen

<p>Volatility is very much with us in today's equity markets. Day-to-day price swings are often large and intra-day volatility elevated, especially at market openings and closings. What explains this? What does this say about the quality of our markets? Can short-period volatility be controlled by better market design and a more effective use of electronic technology? Featuring insights from an international array of prominent academics, financial markets experts, policymakers and journalists, the book addresses these and other questions concerning this timely topic. In so doing, we seek deeper knowledge of the dynamic process of price formation, and of the market structure and regulatory environment within which our markets function.</p><p> </p><p>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 Much more than historical documents, the transcripts from the conferences are edited for clarity, perspective and context; material and comments from subsequent interviews with the panelists and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.</p>
Preface.- Conference sponsors.- List of participants.- Intra-Day Volatility: The Empirical Evidence.- Opening Address: Reto Francioni, CEO, Deutsche Boerse.- Mid-Day Address: Robert Engle, Nobel Laureate 2003.- Volatility and Technology.- Volatility and Market Structure.- Implications for Trading.- Closing Dialog: Robert Greifeld, CEO, The NASDAQ OMX Group, with Erin Burnett, Anchor and Reporter, CNBC.- Participant Biographies.- Index
<p>Volatility is very much with us in today's equity markets. Day-to-day price swings are often large and intra-day volatility elevated, especially at market openings and closings. What explains this? What does this say about the quality of our markets? Can short-period volatility be controlled by better market design and a more effective use of electronic technology? Featuring insights from an international array of prominent academics, financial markets experts, policymakers and journalists, the book addresses these and other questions concerning this timely topic. In so doing, we seek deeper knowledge of the dynamic process of price formation, and of the market structure and regulatory environment within which our markets function.</p><p> </p><p>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.</p>
Tackles the timely issue of market volatility, set against the backdrop of the financial/economic crisis Features insights from prominent academics, practitioners, policymakers and journalists US and international coverage Includes supplementary material: sn.pub/extras