FIN 4052 - Markets and Trading

Institution:

University of Cincinnati-Main Campus

Subject:

Description:

The focus of this course is the structure of financial markets and the trading of securities, primarily U.S. equities. In previous finance courses you likely assumed away the frictions involved in the trading process. In this course we will study those frictions. We will closely examine market structure, trade pricing rules, order submission strategies, trading costs, block trading, arbitrage, and market efficiency. The type of order submitted and the resolution of that order will depend, in part, on the structure of the market. The market structure is influenced heavily by government regulation and communications technology. Therefore, we will discuss the influence of the market structure on the trading process and the impact of recent SEC rule changes and alternative trading systems on competition in U.S. equity markets. In academia, the study of these issues is called market microstructure.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.uc.edu

Phone Number:

(513) 556-6000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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