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| bid's counterpart in stock trading: Liquidity, Markets and Trading in Action Deniz Ozenbas, 2022 This open access book addresses four standard business school subjects: microeconomics, macroeconomics, finance and information systems as they relate to trading, liquidity, and market structure. It provides a detailed examination of the impact of trading costs and other impediments of trading that the authors call rictions It also presents an interactive simulation model of equity market trading, TraderEx, that enables students to implement trading decisions in different market scenarios and structures. Addressing these topics shines a bright light on how a real-world financial market operates, and the simulation provides students with an experiential learning opportunity that is informative and fun. Each of the chapters is designed so that it can be used as a stand-alone module in an existing economics, finance, or information science course. Instructor resources such as discussion questions, Powerpoint slides and TraderEx exercises are available online. |
| bid's counterpart in stock trading: Mastering the Art of Equity Trading Through Simulation, + Web-Based Software Robert A. Schwartz, Gregory M. Sipress, Bruce W. Weber, 2010-06-22 An interactive guide to successfully trading in today's markets Mastering the Art of Equity Trading Through Simulation is a guidebook to interactive computer trading simulation designed to provide participants with hands-on experience in making tactical decisions and implementing them in different market environments-from continuous order drive markets to call auction markets, and from dealer markets to dark liquidity pools. By showing traders how to operate in these different markets, this reliable resource quickly reveals a good deal about what trading involves and how market design impacts trading decisions. Provides a virtual platform that gives users hands-on experience in making tactical trading decisions Shows exactly how prices are established in the marketplace Teaches how the structure of a marketplace influences participant decisions Learning to trade through study is like learning about a roller coaster ride verbally. You may get the idea of going up and down and around curves, but will lack the actual experience. Mastering the Art of Equity Trading Through Simulation will get you as close as possible to the markets-without actually going in them-and prepare you to profit once you're really there. |
| bid's counterpart in stock trading: Report to the Commission by the Trading & Exchange Division on the Problem of Multiple Trading on Securities Exchanges United States. Securities and Exchange Commission, 1940 |
| bid's counterpart in stock trading: Micro Markets Robert A. Schwartz, 2010-03-25 A timely guide that bridges the gap between microeconomic theory and practice through real-world application in the marketplace Understanding how microeconomics affects the marketplace is essential for any investment professional, however most books simply address microeconomics in its pure theory-based form. Micro Markets helps bridge the gap between theory and practice by defining microeconomics in terms of real-world, market applications. This timely guide elucidates basic microeconomic concepts with an emphasis on applicability. It establishes a common application for all of the basic economic concepts that are reviewed, and provides in-depth insights into an industry that is of major economic importance in aggregate, and to most individuals. Utilizes equity market realities to underscore the relevance of economic theory Each chapter includes informative practice problems and power points A companion Workbook, with practice problems and solutions, is also available By taking microeconomic theory and making it applicable to today's marketplace, Micro Markets builds a much-needed bridge between theory and practice. |
| bid's counterpart in stock trading: The Electronic Call Auction: Market Mechanism and Trading Robert A. Schwartz, 2012-12-06 ROBERT A. SCHWARTZ The primary objective of this book is to consider how the inclusion of electronic call auction trading would affect the performance of our U.S. equity markets. The papers it contains focus on the call auction and its role in a hybrid market struc ture. The purpose is to increase understanding of this trading environment, and to consider the design of a more efficient stock market. This book had its origin in a symposium, Electronic Call Market Trading, that was held at New York University's Salomon Center on April 20, 1995. Nearly 150 people from 16 different countries attended. At the time, three proprietary trading systems based on call auction principles (The Arizona Stock Exchange, Posit, and Instinet's Crossing Network) had been operating for several years and interest already existed in the procedure. Since the symposium, increasing use has been made of call auctions, primarily by the ParisBourse in its Nouveau Marchi: and CAC markets, by Deutsche Borse in its Xetra market, and in the U.S. by OptiMark. Rather than being used as stand alone systems, however, call auctions are now being interfaced with continuous markets so as to produce hybrid market structures, a development that is given considerable attention to in a number of the chapters in this book. |
| bid's counterpart in stock trading: Equity Markets in Action Robert A. Schwartz, Reto Francioni, 2004-10-06 An in-depth look at the nature of market making and exchanges From theory to practicalities, this is a comprehensive, up-to-date handbook and reference on how markets work and the nuances of trading. It includes a CD with an interactive trading simulation. Robert A. Schwartz, PhD (New York, NY), is Marvin M. Speiser Professor of Finance and University Distinguished Professor in the Zicklin School of Business, Baruch College, CUNY. Reto Francioni, PhD (Zurich, Switzerland), is President and Chairman of the Board of SWX, the Swiss Stock Exchange, and former co-CEO of Consors Discount Broker AG, Nuremberg. |
| bid's counterpart in stock trading: Discount Certificates: An Alternative to Stock Investments Roman Schmidt, 2011-06 This work evaluates investments in discount certificates as an alternative to stock investments. It gives general information on the construction of discount certificates and the markets they can be traded in. In Addition, it describes and compares the opportunities and risks of stock investments and investments in discount certificates. It evaluates the development in value of both investments in different market environments. Using a fictive example, it shows that discount certificates outperform stocks in most market situations. The paper provides strategies for investments in discount certificates and evaluates them. Diese Arbeit bewertet Investitionen in Discount Zertifikate als Investmentalternative zu Aktien. Sie gibt unter anderem einen Einblick in die Art und Weise wie Discount Zertifikate aufgebaut sind und in welchen Märkten sie handelbar sind. Zusätzlich beschreibt diese Arbeit die Chancen und Risiken die mit einer Investition in Discount Zertifikate und vergleicht diese mit einer Aktienanlage. Dabei vergleicht sie die Wertentwicklung beider Investment-Formen anhand von verschiedenen Marktszenarien. Anhand eines theoretischen Beispiels wird aufgezeigt, dass in vielen Szenarien Discount Zertifikate besser abschneiden als Aktien. Schließlich werden verschiedene Investment-Strategien für Discount Zertifikate bewertet. |
| bid's counterpart in stock trading: SEC Docket United States. Securities and Exchange Commission, 1994 |
| bid's counterpart in stock trading: The Economics of Financial Markets Hendrik S. Houthakker, Peter J. Williamson, 1996-09-12 This book puts economics to work on the daily problems faced by investors, traders, speculators and brokers as they wrestle with increasingly complex financial markets. Drawing on data direct from the financial behavior of households, corporations, and governments, through to the prices of individual securities, the authors show how accessible but rigorous economics can help the players make sense of the hour-by-hour reality of the way financial markets move. Many of the twists and turns that might seem random at first sight are, they contend, rational and often predictable. But inefficiencies do exist, and the authors also demonstrate how these can become unique profit opportunities. By bringing together information on the daily workings of financial markets with the concepts and tools of economics, Houthakker and Williamson have provided a valuable resource for practitioners and students alike. |
| bid's counterpart in stock trading: The Deal , 2007-02 |
| bid's counterpart in stock trading: Financial Trading and Investing John L. Teall, 2012-08-20 Includes bibliographical references and index. |
| bid's counterpart in stock trading: Regulating the Takeover of Chinese Listed Companies Juan Chen, 2014-05-12 This book provides a comprehensive review of the Measures for Administration of Takeover of Chinese Listed Companies (the Chinese takeover law), with emphasis on the differences between the Chinese takeover law and takeover legislation in the UK, the US and Hong Kong. The Chinese M&A market has been booming at an unprecedented rate in recent years; not only domestic investors, but also foreign funds and multinational companies are actively participating on the market. For both market participants and researchers, it is crucial to understand the emerging and transitional aspects of the Chinese economy and its M&A market, and the impacts of those aspects on relevant laws. While there are ongoing academic discussions on the convergence between the Chinese takeover law and its counterparts in the UK, Hong Kong and the US, this book offers a comprehensive discussion of the divergence and focuses on key differences in the transplanted Chinese takeover law. |
| bid's counterpart in stock trading: Stock Market Liquidity François-Serge Lhabitant, Greg N. Gregoriou, 2008-01-09 Brings together today's best financial minds across the world to discuss the issue of liquidity in today's markets. It is often proxied by trade-based measures (such as trading volume, frequency of trading, dollar value of shares trade, etc), order based measures and price impact measures. |
| bid's counterpart in stock trading: Full Disclosure of Corporate Equity Ownership and in Corporate Takeover Bids, Hearings Before the Subcommittee on Securities of ..., 90-1 on S.510 ..., March 21 and 22 and April 4, 1967 United States. Congress. Senaate. Banking and Currency Committee, 1967 |
| bid's counterpart in stock trading: High Frequency Financial Econometrics Luc Bauwens, Winfried Pohlmeier, David Veredas, 2007-12-31 Shedding light on some of the most pressing open questions in the analysis of high frequency data, this volume presents cutting-edge developments in high frequency financial econometrics. Coverage spans a diverse range of topics, including market microstructure, tick-by-tick data, bond and foreign exchange markets, and large dimensional volatility modeling. The volume is of interest to graduate students, researchers, and industry professionals. |
| bid's counterpart in stock trading: Trading and Exchanges Larry Harris, 2003 Focusing on market microstructure, Harris (chief economist, U.S. Securities and Exchange Commission) introduces the practices and regulations governing stock trading markets. Writing to be understandable to the lay reader, he examines the structure of trading, puts forward an economic theory of trading, discusses speculative trading strategies, explores liquidity and volatility, and considers the evaluation of trader performance. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com). |
| bid's counterpart in stock trading: Study of the Securities Industry United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and Finance, 1971 |
| bid's counterpart in stock trading: Hearings United States. Congress. House. Committee on Interstate and Foreign Commerce, 1972 |
| bid's counterpart in stock trading: Hearings, Reports and Prints of the House Committee on Interstate and Foreign Commerce United States. Congress. House. Committee on Interstate and Foreign Commerce, 1972 |
| bid's counterpart in stock trading: Information and Learning in Markets Xavier Vives, 2010-01-25 The ways financial analysts, traders, and other specialists use information and learn from each other are of fundamental importance to understanding how markets work and prices are set. This graduate-level textbook analyzes how markets aggregate information and examines the impacts of specific market arrangements--or microstructure--on the aggregation process and overall performance of financial markets. Xavier Vives bridges the gap between the two primary views of markets--informational efficiency and herding--and uses a coherent game-theoretic framework to bring together the latest results from the rational expectations and herding literatures. Vives emphasizes the consequences of market interaction and social learning for informational and economic efficiency. He looks closely at information aggregation mechanisms, progressing from simple to complex environments: from static to dynamic models; from competitive to strategic agents; and from simple market strategies such as noncontingent orders or quantities to complex ones like price contingent orders or demand schedules. Vives finds that contending theories like informational efficiency and herding build on the same principles of Bayesian decision making and that irrational agents are not needed to explain herding behavior, booms, and crashes. As this book shows, the microstructure of a market is the crucial factor in the informational efficiency of prices. Provides the most complete analysis of the ways markets aggregate information Bridges the gap between the rational expectations and herding literatures Includes exercises with solutions Serves both as a graduate textbook and a resource for researchers, including financial analysts |
| bid's counterpart in stock trading: Agent-Based Approaches in Economic and Social Complex Systems V Takao Terano, Hajime Kita, Shingo Takahashi, Hiroshi Deguchi, 2009-04-14 Agent-based modeling/simulation is an emergent approach to the analysis of social and economic systems. It provides a bottom-up experimental method to be applied to social sciences such as economics, management, sociology, and politics as well as some engineering fields dealing with social activities. This book includes selected papers presented at the Fifth International Workshop on Agent-Based Approaches in Economic and Social Complex Systems held in Tokyo in 2007. It contains two invited papers given as the plenary and invited talks in the workshop and 21 papers presented in the six regular sessions: Organization and Management; Fundamentals of Agent-Based and Evolutionary Approaches; Production, Services and Urban Systems; Agent-Based Approaches to Social Systems; and Market and Economics I and II. The research presented here shows the state of the art in this rapidly growing field. |
| bid's counterpart in stock trading: The Components of the Bid-ask Spread in a Limit-order Market , 2003 |
| bid's counterpart in stock trading: Full Disclosure of Corporate Equity Ownership and in Corporate Takeover Bids United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Securities, 1967 Considers S. 510, to amend the Securities Exchange Act to require disclosure of identity, intentions, and financial resources by those attempting to acquire control of a publicly traded company through open market stock acquisitions or through stock tender offers. |
| bid's counterpart in stock trading: The United Kingdom Financial System in Transition Michael J. Buckle, John L. Thompson, 1992 This text aims to provide a detailed explanation of the workings of the UK financial system. It details both the institutional structure and the economic theory behind the financial system, and discusses the extensive changes brought about by the single European market of 1992. |
| bid's counterpart in stock trading: Overview of the Regulation of the Bond Markets United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs, 2006 |
| bid's counterpart in stock trading: Securities Exchange Act Amendments of 1973 United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and Finance, 1974 |
| bid's counterpart in stock trading: The Econometrics of Sequential Trade Models Stefan Kokot, 2012-08-27 The present study has been accepted as a doctoral thesis by the Depart ment of Economics of the Johann Wolfgang Goethe-University in Frankfurt am Main. It grew out from my five year long participation in two research projects, Econometric analysis of transaction intensity and volatility on fi nancial markets, and Microstructure on financial markets, that were both conducted by the chair of Statistics and Econometrics (Empirical Economic Research) at the Department of Economics and Business Administration, Jo hann Wolfgang Goethe-University in Frankfurt am Main and financed by the state of Hessen. During this time I have benefitted from many people. First and foremost I would like to thank my thesis supervisor, Prof. Dr. Reinhard Hujer, for initiating and supporting my studies with great encouragement. I am also very grateful to Prof. Dr. Christian Schlag for acting as the second thesis supervisor. Furthermore, I wish to thank Prof. Dr. Joachim Grammig who introduced me to the topics covered in this study in the first place and helped me to sharpen my views on econometrics and financial market microstructure theory through many discussions and also through his willingness to work with me on several related studies. |
| bid's counterpart in stock trading: Practical .NET for Financial Markets Vivek Shetty, Manish Jayaswal, 2006-11-17 * Hardcore .NET solutions for advanced, distributed financial applications. * Fascinating insight into operation of Equity markets and the challenges this poses for technology solutions – you do not have to be an equity market insider to use this book. * Examines next generation trading challenges, and potential solutions using .NET 2.0 and emerging technology, such as Avalon, Indigo and Longhorn. |
| bid's counterpart in stock trading: Encyclopedia of Banking and Finance Glenn Gaywaine Munn, 1924 |
| bid's counterpart in stock trading: The European Equity Markets Benn Steil, 1996 Investigating the barriers to European equity market integration which will remain after 1996, this text examines such areas as equity trading, the single currency, corporate governance, pension funds, capital standards, clearance and settlement, and accounting diversity. |
| bid's counterpart in stock trading: Hit the Bid Nathaniel F. Herreshoff, 2013-09-15 A deliciously raw look inside one of the most exclusive derivatives desks on Wall Street, not only at the peak of the bubble, but also at the depths of the crisis. Mr. Herreshoff's self deprecating and often times hilarious anecdotes leave the reader with a radically different take on both Wall Street and the Financial Crisis. Magnificently written and marvelously entertaining. |
| bid's counterpart in stock trading: Federal Register , 2013-03 |
| bid's counterpart in stock trading: Trading the US Markets Paolo Pezzutti, 2008 In this comprehensive guide to U.S. markets designed for European traders and investors, Pezzutti offers information on market diversification, where to find the the greatest range of stock sectors, and much more. |
| bid's counterpart in stock trading: Good Trader Chris Dunn, 2007 This is the sixth, perhaps last, in the series of Good Trader market analyses. Since 2000, the bulletins have provided a running weekly commentary on the activities of the Bank of England and other central banks. This has never happened before in the 300 year history of the Bank. At the centre of a world of its own creation, the Old Lady has always sought vigorously, and until now successfully, to protect itself from the prying eyes of outside commentators. It has achieved this for the most part by providing its own version of events, backed by the supple Financial Times - nice work if you can get it. The proud Bank has always considered itself beyond the laws governing ordinary institutions. Just like the Met? Is it a criminal organisation? Borrowing the words of Lord Butler and ducking the point, it is not for the Good Trader to judge. Nor for anybody else. Etc. etc. But the defining coordinates of the enfranchised Bank, increasingly influential, indeed sinister, as a geo-political force, remain obscure. The bulletins trace the history of an idea, that of central banking independence. Simple in outline - allow the enfranchised local central bank to set interest rates - the concept has proven to be lethal in its application. It has brought the UK, crammed to the gills with debt in all the wrong places, virtually to its knees. Or onto its back. But not the Bank.The Old Lady rides a mean machine. |
| bid's counterpart in stock trading: Western Europe 2003 Europa Publications, 2002-11-30 This edition brings together analyses, statistics and directory data on the countries and territories of Western Europe. |
| bid's counterpart in stock trading: GlobalTrading Mark Nathaniel Selleck, 2001-09 GlobalTrading (GT) is a treasure map and goldmine. GT unveils the first new trading instruments to be invented since futures and options contracts in the mid-1800's. GT details new logical models and a system and method for facilitating electronic and/or Internet-based trading and expanding financial and commodity markets and their tools to assets of all kinds. Most importantly, GT is an executive's guide to understanding and capitalizing upon long term financial, commodity, and B2B market developments and gaining and exercising competitive advantage today. GT offers a descriptive and graphic overview of the new inventions and methods which will support the financial market democratization for which the world is now poised. GT introduces (1) new financial instruments better suited to electronic trading and trader's goals as revealed by overall trading patterns and statistics, (2) the emergent system and method of the new global trading market mechanism, and (3) a way to conduct current market activity in a more efficient, cost-effective, and powerful way while incorporating the huge B2B marketplace into the upper rungs of the financial and commodity markets. |
| bid's counterpart in stock trading: Profits in the Stock Market H. M. Gartley, 1935-05 |
| bid's counterpart in stock trading: Equity Markets in Transition Reto Francioni, Robert A. Schwartz, 2017-01-17 This book underscores the complexity of the equity markets, the challenges they face, and the fact that they are still a work in process. Three interacting forces drive market change: competition, technology change, and regulatory change. The markets have one major objective in particular to achieve: the delivery of accurate price discovery for both traders and the broader market. Are we getting it? Are competition, technology, and regulation acting together to improve market quality, or are they adding to the complexity of the markets and making accurate price discovery harder to achieve? The difficulty of addressing these issues and reaching a consensus regarding public policy is reflected in the diverse opinions expressed in this book. From an institutional perspective, the volume’s contributors highlight the interconnectedness of all aspects of the internal and external environment within which exchange organizations act. Equity Markets in Transition underscores how technological evolution and recent regulatory changes have influenced the business, and how these developments have opened new possibilities for exchange organizations and for equity markets as a whole, including such issues as the impact of equity markets on job creation. The book combines both a theoretical and a practical approach. Part I presents a theoretical overview of the international equity market business, including an overall description of the value chain of stock trading that includes deep dives on every decisive step. Part II contains contributions from various business specialists who have specific practical and academic knowledge of the different steps. Equity Markets in Transition represents a unique combination of theoretical and practical analysis that offers first-hand insights on all relevant interactions and interrelations among the various parts of the exchange business, with an emphasis on facilitating analysis of the status quo and of emerging trends regarding business models, regulation, and the development of the competitor, customer and investor sides. |
| bid's counterpart in stock trading: Research Handbook on Corporate Board Decision-Making Oliver Marnet, 2022-11-18 With a state-of-the-art perspective on corporate board decision-making that encourages thinking outside the box, this cutting-edge Research Handbook provides fresh insights on the meaning, value, contribution, quality and purpose of the decision-making of those charged with corporate governance. |
| bid's counterpart in stock trading: Report of Special Study of Securities Markets of the Securities and Exchange Commission United States. Securities and Exchange Commission, 1963 |
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We offer the most thrilling way to buy customer returns and overstock items at up to 90% off retail prices. We auction everything from furniture, home improvement, electronics, baby products, …
BID Definition & Meaning - Merriam-Webster
The meaning of BID is to offer (a price) whether for payment or acceptance. How to use bid in a sentence. Synonym Discussion of Bid.
BID | English meaning - Cambridge Dictionary
BID definition: 1. to offer a particular amount of money for something that is for sale and compete against other…. Learn more.
Government Bids Opportunities and RFP | BidNet Direct
bidnet is the most trusted name in government bidding. Government agencies utilize bidnet direct to publish, distribute and award contracts. Vendors receive exclusive bid opportunities directly …
Bid - definition of bid by The Free Dictionary
n. 1. a. An offer to pay a certain amount of money for something: made a bid on the antique desk. b. The amount offered or proposed: The highest bid at the auction was $5,000. 2. An …
Bid: What It Means, How It Works, Types, and Examples
Apr 22, 2025 · A bid is an offer made by an investor, trader, or dealer to buy an asset. The spread is the difference between how much a buyer will pay and how much a seller will accept.
BID Definition & Meaning | Dictionary.com
to express (a greeting, farewell, benediction, or wish): to bid good night. Commerce. to offer (a certain sum) as the price one will pay or charge: They bid $25,000 and got the contract. …
Bid Definition & Meaning | YourDictionary
To offer or propose (an amount) as a price. To beseech or implore. To make a bid. To auction (a contract). The city will bid the project next summer. To command, ask, or tell. Do as you are …
City of Plant City Florida
The City of Plant City has partnered with OpenGov and is excited to announce our transition from a paper-based bid solicitation process to a fully automated, web-based electronic bidding and …
BID definition in American English | Collins English Dictionary
A bid is an offer to pay a particular amount of money for something that is being sold. Hanson made an agreed takeover bid of $351 million.
Online Auctions powered by BidFTA
We offer the most thrilling way to buy customer returns and overstock items at up to 90% off retail prices. We auction everything from furniture, home improvement, electronics, baby products, …
BID Definition & Meaning - Merriam-Webster
The meaning of BID is to offer (a price) whether for payment or acceptance. How to use bid in a sentence. Synonym Discussion of Bid.
BID | English meaning - Cambridge Dictionary
BID definition: 1. to offer a particular amount of money for something that is for sale and compete against other…. Learn more.
Government Bids Opportunities and RFP | BidNet Direct
bidnet is the most trusted name in government bidding. Government agencies utilize bidnet direct to publish, distribute and award contracts. Vendors receive exclusive bid opportunities directly …
Bid - definition of bid by The Free Dictionary
n. 1. a. An offer to pay a certain amount of money for something: made a bid on the antique desk. b. The amount offered or proposed: The highest bid at the auction was $5,000. 2. An …
Bid: What It Means, How It Works, Types, and Examples
Apr 22, 2025 · A bid is an offer made by an investor, trader, or dealer to buy an asset. The spread is the difference between how much a buyer will pay and how much a seller will accept.
BID Definition & Meaning | Dictionary.com
to express (a greeting, farewell, benediction, or wish): to bid good night. Commerce. to offer (a certain sum) as the price one will pay or charge: They bid $25,000 and got the contract. …
Bid Definition & Meaning | YourDictionary
To offer or propose (an amount) as a price. To beseech or implore. To make a bid. To auction (a contract). The city will bid the project next summer. To command, ask, or tell. Do as you are …
City of Plant City Florida
The City of Plant City has partnered with OpenGov and is excited to announce our transition from a paper-based bid solicitation process to a fully automated, web-based electronic bidding and …
BID definition in American English | Collins English Dictionary
A bid is an offer to pay a particular amount of money for something that is being sold. Hanson made an agreed takeover bid of $351 million.
