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Trading and Exchanges: Market Microstructure for Practitioners

Larry Harris – Hardcover (ISBN: 9780195144703) · ISBN-13 9780195144703
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Trading and Exchanges: Market Microstructure for Practitioners by Larry Harris (Oxford University Press, 2002) covers market participants, order types, exchange structure, and trading strategy, written by Larry Harris, former SEC Chief Economist. It is used in finance, MBA, and market microstructure courses. Programmes teaching a market-microstructure course to a full cohort can equip every student with the same reference text.

ISBN-139780195144703
EditionFirst Edition
AuthorsLarry Harris
PublisherOxford University Press
Publication date24 October 2002
FormatHardcover
LanguageEnglish
CategoryFinance, Real Estate & Investing
List price£79.99 / copy
Min. order5 copies
ConditionNew

Trading and Exchanges: Market Microstructure for Practitioners, by Larry Harris, published by Oxford University Press, is a comprehensive guide to how markets, traders, and exchanges function, widely regarded as a must-read for entrants to the securities industry. It is built for finance and business school departments sourcing course sets.

Key Features

  • Covers market participants, order types, exchange structure, and trading strategy
  • Written by Larry Harris, former SEC Chief Economist
  • Used in finance, MBA, and market microstructure courses

Specifications

  • ISBN: 9780195144703
  • Publisher: Oxford University Press
  • Format: Hardcover

Buy in Bulk from Global Academic Supply

Global Academic Supply prices this text at £76.99 per copy for 5+, £73.99 for 10+, and £69.99 for 25+, against a £79.99 list price — a fit for finance and business school programs equipping multiple students at once. Orders can run through a purchase order and Net-30 payment terms rather than upfront card billing. Every copy shipped is new, so cohort-wide or department-wide orders arrive as one consistent edition.

Published by Oxford University Press in 2002, Trading and Exchanges is Larry Harris's print survey of how people trade and how market rules shape outcomes. It is a natural bulk title for finance departments, trading firms, and professional programs equipping staff on the same edition.

  • Covers market participants, order types, exchange structure, and trading strategy
  • Written by Larry Harris, former SEC Chief Economist
  • Used in finance, MBA, and market microstructure courses
  1. Introduction
  2. Trading Stories

Part I. The Structure of Trading

  1. The Trading Industry
  2. Orders and Order Properties
  3. Market Structures
  4. Order-Driven Market Mechanisms
  5. Brokers

Part II. The Benefits of Trade

  1. Why People Trade
  2. Good Markets

Part III. Speculators

  1. Informed Traders and Market Efficiency
  2. Order Anticipators
  3. Bluffing and Price Manipulation

Part IV. Liquidity Suppliers

  1. Dealers
  2. Bid/Ask Spreads
  3. Block Trading
  4. Value-Motivated Traders
  5. Arbitrageurs
  6. Buy-side Trading Strategies

Part V. Origins of Liquidity and Volatility

  1. Liquidity
  2. Volatility

Part VI. Evaluation and Prediction

  1. Liquidity and Transaction Cost Measurement
  2. Performance Evaluation and Prediction

Part VII. Market Structures

  1. Index and Portfolio Markets
  2. Specialists
  3. Internalization, Preferencing, and Crossing
  4. Competition Within and Among Markets
  5. Floor Versus Automated Trading Systems
  6. Bubbles, Crashes, and Circuit Breakers
  7. Insider Trading
  • Minimum order: 5 copies, with tiered pricing at higher quantities
  • Purchase orders and Net-30 terms accepted for qualifying institutions
  • Tax-exempt certificates accepted for qualifying accounts
  • Free worldwide shipping, no sales tax

Always confirm this exact ISBN-13 and edition (9780195144703) against your syllabus or procurement request before ordering — editions of this title are not interchangeable.

Q: Is this the Larry Harris Oxford University Press hardcover?
A: Yes. ISBN 9780195144703 is Trading and Exchanges: Market Microstructure for Practitioners by Larry Harris, the 2002 Oxford University Press hardcover in the Financial Management Association Survey and Synthesis Series.

Q: Does this include a solutions manual, instructor files, or the eBook?
A: No. This listing is the print hardcover. The Oxford Academic eBook (ISBN 9780197703854) and any instructor materials are sold separately and are not included here.

Q: Who is it for?
A: Market-microstructure courses, trading-desk training, and practitioners covering orders, dealers, liquidity, transaction costs, and exchange design.

Q: Is it in stock for a bulk order?
A: Yes, it's currently in stock and available for bulk order.