Trading and Exchanges: Market Microstructure for Practitioners

Trading and Exchanges: Market Microstructure for Practitioners

How do markets actually match buyers and sellers, and why does that matter to anyone placing a trade? Trading and Exchanges by Larry Harris is a guide to market microstructure, the study of how financial markets are organised and how that structure shapes trading practice.

The book is written for practitioners in economics, business and finance. It belongs to the Financial Management Association Survey and Synthesis Series and was published by Oxford University Press in 2002.

What market microstructure covers

Microstructure looks at the workings of financial markets: who trades, how orders are handled, and how exchanges set the rules. Harris links that structure to everyday trading decisions, which is why the book is read by people who trade for a living as well as by students.

Part of the FMA Survey and Synthesis Series

The Financial Management Association series brings together research in a field and presents it for readers who apply it. This title does that for trading and exchanges, with illustrations to support the explanations.

Format and length

This copy is the Oxford University Press paperback of 656 pages. It is nonfiction and suits finance courses on trading, market design or investments.

Book details

• Title: Trading and Exchanges: Market Microstructure for Practitioners
• Author: Larry Harris
• Series: Financial Management Association Survey and Synthesis Series
• Publisher: Oxford University Press
• Publication year: 2002
• Pages: 656, illustrated
• Format: Paperback

Questions buyers ask

What is this book about?

It explains market microstructure: how financial markets and exchanges work and how their structure affects trading.

Is it written for academics or traders?

It is aimed at practitioners in finance, economics and business, though it is also used on university finance courses.

Who published Trading and Exchanges?

Oxford University Press, in 2002, as part of the Financial Management Association Survey and Synthesis Series.

How long is the book?

The paperback has 656 pages with illustrations.

How soon can I get it?

We ship within the USA, and delivery takes 5 to 7 working days.