Volatility is very much with us in today's equity markets. Day-to-day price swings are often large and intra-day volatility elevated, especially at market openings and closings. What explains this? What does this say about the quality of our markets? Can short-period volatility be controlled by better market design and a more effective use of electronic technology? Featuring insights from an international array of prominent academics, financial markets experts, policymakers and journalists, the book addresses these and other questions concerning this timely topic. In so doing, we seek deeper knowledge of the dynamicprocess of price formation, and of the market sructure and regulatory environment within which our markets function. Tackles the timely issue of market volatility, set against the backdrop of the financial/economic crisis Features insights from prominent academics, practitioners, policymakers and journalists US and international coverage INDICE: Preface.- Conference sponsors.- List of participants.- Intra-Day Volatility: The Empirical Evidence.- Opening Address: Reto Francioni, CEO, Deutsche Boerse.- Mid-Day Address: Robert Engle, Nobel Laureate 2003.- Volatility and Technology.- Volatility and Market Structure.- Implications for Trading.- Closing Dialog: Robert Greifeld, CEO, The NASDAQ OMX Group, with Erin Burnett,Anchor and Reporter, CNBC.- Participant Biographies.- Index
- ISBN: 978-1-4419-1473-6
- Editorial: Springer
- Encuadernacion: Cartoné
- Páginas: 200
- Fecha Publicación: 27/12/2010
- Nº Volúmenes: 1
- Idioma: Inglés