Market microstructure

Language:Chinese.Pub Date :2005-12-1 Publisher: Shanghai Joint Publishing This book is divided into two : the papers from the first chapter to chapter . the theoretical basis of articles . mainly on the price discovery model . measure of market performance . liquidity and Asset pricing microstructure theory is the most important aspect . and the basis of these theoretical knowledge to explore the securities market microstructure optimization of the design. development trends and the evolution of the market structure of the securities trading far-reaching impact ; Part II from the sixth Chapter to Chapter XII of this part of the content mainly from the Chinese stock market in recent years. we have made ??a series of empirical microstructure studies that use micro- structure of some basic theories and methods to characterize the microstructure of the Chinese stock market is ch...