Items related to Competition for Order Flow and the Theory of Global...
Competition for Order Flow and the Theory of Global Games: The impact of alternative trading systems on securities markets - Softcover
Synopsis
The proliferation of alternative trading systems has increased competition for order flow in financial markets significantly and renewed the debate on fragmentation versus consolidation. Market microstructure models that analyze liquidity-based intermarket competition typically exhibit multiple equilibria, making it difficult to determine whether fragmentation or consolidation of order flow will occur.
Jutta A. Dönges applies the recently developed theory of global games that
reduces multiplicity of equilibria in coordination games to a model of intermarket competition and demonstrates the existence of a unique equilibrium under fairly general conditions. The author investigates whether and under which circumstances alternative trading systems, particularly crossing networks, can co-exist with established markets or even replace them and explores how the introduction of a crossing network affects both
monopolistic and competitive dealer markets and the market participants'
behavior.
"synopsis" may belong to another edition of this title.
About the Author
Dr. Jutta A. Dönges promovierte am Fachbereich Wirtschaftswissenschaften der Universität Frankfurt am Main. Sie ist seit mehreren Jahren in der Investment Banking Division einer amerikanischen Investment Bank tätig.
From the Back Cover
The proliferation of alternative trading systems has increased competition for order flow in financial markets significantly and renewed the debate on fragmentation versus consolidation. Market microstructure models that analyze liquidity-based intermarket competition typically exhibit multiple equilibria, making it difficult to determine whether fragmentation or consolidation of order flow will occur.
Jutta A. Dönges applies the recently developed theory of global games that
reduces multiplicity of equilibria in coordination games to a model of intermarket competition and demonstrates the existence of a unique equilibrium under fairly general conditions. The author investigates whether and under which circumstances alternative trading systems, particularly crossing networks, can co-exist with established markets or even replace them and explores how the introduction of a crossing network affects both
monopolistic and competitive dealer markets and the market participants'
behavior.
"About this title" may belong to another edition of this title.
Search results for Competition for Order Flow and the Theory of Global...
Stock Image
Competition for Order Flow and the Theory of Global Games: The Impact of Alternative Trading Systems on Securities Markets
Published by
Deutscher Universitatsverlag 2001-09, 2001
ISBN 10: 3824474263
ISBN 13: 9783824474264
New
PF
Seller: Chiron Media, Wallingford, United Kingdom
Seller rating 5 out of 5 stars
PF. Condition: New. This item is printed on demand. Brand new book, sourced directly from publisher. Dispatch time is 6-7 days from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Seller Inventory # 6666-IUK-9783824474264
Buy New
£ 58.15
£ 4.99 shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 20 available
Seller Image
Competition for Order Flow and the Theory of Global Games : The Impact of Alternative Trading Systems on Securities Markets -Language: german
Published by
Deutscher Universitätsverlag, 2001
ISBN 10: 3824474263
ISBN 13: 9783824474264
New
Softcover
Seller: GreatBookPrices, Columbia, MD, U.S.A.
Seller rating 5 out of 5 stars
Condition: New. Seller Inventory # 21778942-n
Seller Image
Competition for Order Flow and the Theory of Global Games : The Impact of Alternative Trading Systems on Securities Markets -Language: german
Published by
Deutscher Universitätsverlag, 2001
ISBN 10: 3824474263
ISBN 13: 9783824474264
Used
Softcover
Seller: GreatBookPrices, Columbia, MD, U.S.A.
Seller rating 5 out of 5 stars
Condition: As New. Unread book in perfect condition. Seller Inventory # 21778942
Seller Image
Competition for Order Flow and the Theory of Global Games
Published by
Deutscher Universitätsverlag, Deutscher Universitätsverlag Sep 2001, 2001
ISBN 10: 3824474263
ISBN 13: 9783824474264
New
Taschenbuch
Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germany
Seller rating 5 out of 5 stars
Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The proliferation of alternative trading systems has increased competition for order flow in financial markets significantly and renewed the debate on fragmentation versus consolidation. Market microstructure models that analyze liquidity-based intermarket competition typically exhibit multiple equilibria, making it difficult to determine whether fragmentation or consolidation of order flow will occur.Jutta A. Dönges applies the recently developed theory of global games thatreduces multiplicity of equilibria in coordination games to a model of intermarket competition and demonstrates the existence of a unique equilibrium under fairly general conditions. The author investigates whether and under which circumstances alternative trading systems, particularly crossing networks, can co-exist with established markets or even replace them and explores how the introduction of a crossing network affects bothmonopolistic and competitive dealer markets and the market participants'behavior. 308 pp. Deutsch. Seller Inventory # 9783824474264
Stock Image
Competition for Order Flow and the Theory of Global Games
Published by
Deutscher Universit?tsverlag, 2001
ISBN 10: 3824474263
ISBN 13: 9783824474264
New
Softcover
Seller: Kennys Bookshop and Art Galleries Ltd., Galway, GY, Ireland
Seller rating 5 out of 5 stars
Condition: New. Num Pages: black & white illustrations, black & white tables, bibliography. BIC Classification: KC; KJM. Category: (G) General (US: Trade). Dimension: 210 x 148 x 17. Weight in Grams: 367. . 2001. Paperback / so. . . . . Seller Inventory # V9783824474264
Seller Image
Competition for Order Flow and the Theory of Global Games : The impact of alternative trading systems on securities markets
Published by
Deutscher Universitätsverlag, 2001
ISBN 10: 3824474263
ISBN 13: 9783824474264
New
Taschenbuch
Seller: AHA-BUCH GmbH, Einbeck, Germany
Seller rating 5 out of 5 stars
Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - The proliferation of alternative trading systems has increased competition for order flow in financial markets significantly and renewed the debate on fragmentation versus consolidation. Market microstructure models that analyze liquidity-based intermarket competition typically exhibit multiple equilibria, making it difficult to determine whether fragmentation or consolidation of order flow will occur.Jutta A. Dönges applies the recently developed theory of global games thatreduces multiplicity of equilibria in coordination games to a model of intermarket competition and demonstrates the existence of a unique equilibrium under fairly general conditions. The author investigates whether and under which circumstances alternative trading systems, particularly crossing networks, can co-exist with established markets or even replace them and explores how the introduction of a crossing network affects bothmonopolistic and competitive dealer markets and the market participants'behavior. Seller Inventory # 9783824474264
Stock Image
Competition for Order Flow and the Theory of Global Games: The impact of alternative trading systems on securities markets
Published by
Deutscher Universitaetsverlag, 2001
ISBN 10: 3824474263
ISBN 13: 9783824474264
New
Paperback
Seller: Revaluation Books, Exeter, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: Brand New. 307 pages. German language. 8.26x5.82x0.70 inches. In Stock. Seller Inventory # x-3824474263
Buy New
£ 82.10
£ 10 shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 2 available
Stock Image
Competition for Order Flow and the Theory of Global Games
Seller: Books Puddle, Woodside, NY, U.S.A.
Seller rating 4 out of 5 stars
Condition: New. pp. 308. Seller Inventory # 26134039412
Seller Image
Competition for Order Flow and the Theory of Global Games
Published by
Deutscher Universitätsverlag, 2001
ISBN 10: 3824474263
ISBN 13: 9783824474264
New
Softcover
Seller: moluna, Greven, Germany
Seller rating 5 out of 5 stars
Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Dr. Jutta A. Doenges promovierte am Fachbereich Wirtschaftswissenschaften der Universitaet Frankfurt am Main. Sie ist seit mehreren Jahren in der Investment Banking Division einer amerikanischen Investment Bank taetig.Jutta A. Doenges applies the recent the. Seller Inventory # 5338883
Buy New
£ 55.85
£ 40.88 shipping
Ships from Germany to U.S.A.
Ships from Germany to U.S.A.
Quantity: Over 20 available
Stock Image
Competition for Order Flow and the Theory of Global Games
Print on DemandSeller: Majestic Books, Hounslow, United Kingdom
Seller rating 4 out of 5 stars
Condition: New. Print on Demand pp. 308 25:B&W 5.83 x 8.27 in or 210 x 148 mm (A5) Perfect Bound on White w/Gloss Lam. Seller Inventory # 126548139
Buy New
£ 90.43
£ 6.50 shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 4 available