{"product_id":"financial-markets-and-trading-an-introduction-to-market-microstructure-and-trading-strategies-9780470924129","title":"Financial Markets and Trading: An Introduction to Market Microstructure and Trading Strategies","description":"\u003cp\u003e • Author(s): Anatoly B. Schmidt\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • BISAC: Investments \u0026amp; Securities - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Back Cover\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFinancial Markets and Trading\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eOver the last decade, the financial landscape has undergone a significant transformation--shaped by the forces of technology, globalization, and market innovations to name a few. In order to operate effectively in today's markets, you need more than just the motivation to succeed, you need a firm understanding of how modern financial markets work and what professional trading is really about. \u003c\/p\u003e\u003cp\u003eNobody understands this better than author Anatoly Schmidt, and in his new book, he puts these topics in perspective by providing you with an informative overview of modern financial markets, and the theoretical concepts of market microstructure, as well as an engaging assessment of the methods used in deriving and back-testing trading strategies. \u003c\/p\u003e\u003cp\u003eDivided into three comprehensive parts, this reliable resource offers a balance between the theoretical aspects of market microstructure and trading strategies that may be more relevant for practitioners. \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePart One\u003c\/b\u003e details the modern financial markets for equities, foreign exchange, and fixed income--starting with an introduction to various types of traders, orders, and market structures and then presenting the major market microstructure models. Some important empirical properties of modern equity and foreign exchange markets are also described. \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePart Two\u003c\/b\u003e addresses the basics of market dynamics, including statistical distributions, dynamics, and volatility of returns--discussing the efficient market hypothesis and possible predictability of returns as well as introducing the concepts of agent-based modeling of financial markets. \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePart Three\u003c\/b\u003e is devoted entirely to trading, and offers a summary of approaches used in technical analysis and statistical arbitrage as well as a more detailed description of trading performance criteria and back-testing strategies. Ideas used in optimal order execution, such as optimal order slicing and the taker's dilemma, are also examined. \u003c\/p\u003e\u003cp\u003eTwo appendices are also included to support the main material in this book. Appendix A provides reference material on basic statistical notions and statistical distributions that are frequently used in finance. And Appendix B describes the main concepts of time series analysis: autoregressive and moving average models, trends and seasonality, and multivariate models. \u003c\/p\u003e\u003cp\u003eIf you're unprepared to enter today's markets you will underperform. But with \u003ci\u003eFinancial Markets and Trading\u003c\/i\u003e as your guide, you'll quickly discover what it takes to make it in this competitive field.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45156526358679,"sku":"9780470924129","price":6457.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780470924129.webp?v=1767301798","url":"https:\/\/atlanticbooks.com\/products\/financial-markets-and-trading-an-introduction-to-market-microstructure-and-trading-strategies-9780470924129","provider":"Atlantic Books","version":"1.0","type":"link"}