Description
MARKET MICROSTRUCTURE
Analyzes the process and results of trading assets under a set of explicit trading rules. Research in this area examines the structure provided by various market mechanisms to model how rules for price setting evolve in markets. The purpose of this seminar is to provide an introduction to the basic paradigms that are used to explain the behavior of markets and their participants. In addition to discussing the theory underlying market microstructure, we will examine a variety of empirical papers that use tick-by-tick data on bonds, stocks, options and futures.
Details
Grading Basis
Grad LG/SNC Basis
Units
3
Component
Seminar - Required
Offering
Course
BFIN 3018
Academic Group
Katz Grad School of Business
Academic Organization
KGSB - Business Admin
Campus
Pittsburgh Campus
Enrollment Requirements
Katz Grad School of Business students only.
Typically Offered
Spring