Market Microstructure and Nonlinear Dynamics: Keeping Financial Crisis in Context

This book discusses market microstructure environment within the context of the global financial crisis. In the first part, the market microstructure theory is recalled and the main microstructure models and hypotheses are discussed. The second part focuses on the main effects of the financial downturn through an examination of market microstructure dynamics. In particular, the effects of market imperfections and the limitations associated with microstructure models are discussed. Finally, the new regulations and recent developments for financial markets that aim to improve the market microstructure are discussed. Well-known experts on the subject contribute to the chapters in the book. A must-read for academic researchers, students and quantitative practitioners.

Author: Gilles Dufr?not

Publisher: Springer

Publication Date: Jul 29, 2014

Number of Pages: 315 pages

Binding: Hardback or Cased Book

ISBN-10: 331905211X

ISBN-13: 9783319052113