As our economy evolves, private equity groups, hedge funds, and investment banks compete and cooperate in different ways. Their recent innovations are reported and analyzed by the 3rd edition of David Stowell’s landmark book, which adds three new cases, significantly revisions of most chapters, and updated figures, tables, and exhibits. It captures the actual work that associates and vice presidents do, providing readers with templates for real transactions. Finally, it provides significantly more content about the ways liquidity is supplied in secondary markets, including an overview of high frequency trading/electronic market making, quantitative trading strategies, and the evolution of cash equities from open outcry pits to fully electronic central limit order books.
ISBN: | 9780128047231 |
Publication date: | 23rd August 2017 |
Author: | David P. (Professor of Finance, Kellogg School of Management, Northwestern University, Evanston, IL, USA) Stowell |
Publisher: | Academic Press Inc an imprint of Elsevier Science Publishing Co Inc |
Format: | Hardback |
Pagination: | 732 pages |
Genres: |
Banking Investment and securities Corporate finance Corporate governance: role and responsibilities of boards and directors Business strategy Management accounting and bookkeeping |