Market Microstructure in Practice 1st Edition

3.7 out of 5 stars 7 ratings
ISBN-13: 978-9814566162
ISBN-10: 9814566160
Why is ISBN important?
This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The 13-digit and 10-digit formats both work.
Scan an ISBN with your phone
Use the Amazon App to scan ISBNs and compare prices.
Have one to sell?
Loading your book clubs
There was a problem loading your book clubs. Please try again.
Not in a club? Learn more
Amazon book clubs early access

Join or create book clubs

Choose books together

Track your books
Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free.
Buy new:
Only 3 left in stock (more on the way).
Ships from and sold by
Available at a lower price from other sellers that may not offer free Prime shipping.
Arrives: Oct 5 - 7 Details
Fastest delivery: Thursday, Oct 1 Details
10 new from $64.00
& FREE Shipping. Details

Market Microstructure in ... has been added to your Cart

Available at a lower price from other sellers that may not offer free Prime shipping.

Limited time deal: Save up to 40% on over 150 great reads pantry

click to open popover

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
    Windows Phone
  • Click here to download from Amazon appstore

To get the free app, enter your mobile phone number.


Special offers and product promotions

Editorial Reviews


Charles' and Sophie's book on markets microstructure will improve our knowledge and consequently help us to tweak these potentiometers. In promoting better education, this book is at the roots of restoring trust in the markets. -- Philippe Guillot "Executive Director, Markets Directorate, Autorite des march s financiers (AMF), Paris"

The title of this book reflects perfectly the intentions of the authors. Many academics treat market structure as if they are watching a football game - from the outside, commenting each player's actions and the consequences..missing the key operational points and leaving to management the final step between concepts and reality. -- Roland Bellegarde "Group Executive Vice President & Head of European Execution, NYSE Euronext, Paris"

Today, there is so much confusion on the actual functioning of capital markets, the impact of regulation, MiFiD in Europe and Reg NMS in the US, on market fragmentation and liquidity, the role of dark pools, of high-frequency traders in providing liquidity and bridging fragmented trading platforms. -- Michel Crouhy "Head of Research & Development at Natixis, Paris"

Lehalle and Laruelle bring [their] experience to bear on every aspect of the discussion, as well as deep quantitative understanding. The resulting book is a unique mixture of real market knowledge and theoretical explanation. There is nothing else out there like it, and this book will be a central resource for many different market participants. -- Robert Almgren "President and Cofounder of Quantitative Brokers, New York"

This book provides a perspective on today's markets. It reviews institutional changes, discusses them, and provides color through real-world examples. -- Albert J Menkveld "Professor of Finance at VU University Amsterdam & Research Fellow at TI-Duisenberg School of Finance"

From the Back Cover

Market Microstructure in Practice comments on the consequences of Reg NMS and MiFID on market microstructure. It covers changes in market design, electronic trading, and investor and trader behaviors. The emergence of high frequency trading and critical events like the "Flash Crash" of 2010 are also analyzed in depth. Using a quantitative viewpoint, this book will help students, academics, regulators, policy makers, and practitioners understand how an attrition of liquidity and regulatory changes can impact the whole microstructure of financial markets. A mathematical Appendix details the quantitative tools and indicators used through the book, allowing the reader to go further on his own.

Product details

  • Item Weight : 1.35 pounds
  • Hardcover : 332 pages
  • ISBN-10 : 9814566160
  • ISBN-13 : 978-9814566162
  • Product Dimensions : 6 x 0.75 x 9 inches
  • Publisher : World Scientific Publishing Company; 1st Edition (November 5, 2013)
  • Language: : English
  • Customer Reviews:
    3.7 out of 5 stars 7 ratings
Pages with related products. See and discover other items: financial market, financial markets