The Double Auction Market Institutions, Theories, and Evidence
Proceedings of the Workshop on Double Auction Markets held June, 1991 in Santa Fe, New Mexico
This collection of papers focuses on markets organized as double auctions (DA). In a double auction, both buyers and sellers can actively present bids (offers to buy) and asks (offers to sell) for standardized units of well-defined commodities and securities. A classic example of a DA market (known by practitioners as an open outcry market) is the commodity trading pit at the Chicago Board of Trade. A related process is a call market, which is used to determine opening prices on the New York Stock Exchange. Already the predominant trading institution for financial and commodities markets, the double auction has many variants and is evolving r…
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Produktdetails
Weitere Autoren: Rust, John (Hrsg.)
- ISBN: 978-0-201-62459-5
- EAN: 9780201624595
- Produktnummer: 22820900
- Verlag: Taylor and Francis
- Sprache: Englisch
- Erscheinungsjahr: 1993
- Seitenangabe: 456 S.
- Masse: H22.9 cm x B15.2 cm x D2.3 cm 840 g
- Abbildungen: Farb., s/w. Abb.
- Gewicht: 840
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