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Liquidity, Markets and Trading in Action: An Interdisciplinary Perspective

  • Deniz Ozenbas
  • , Michael S. Pagano
  • , Robert A. Schwartz
  • , Bruce W. Weber

Research output: Contribution to journalArticlepeer-review

Abstract

This open access book addresses four standard business school subjects: microeconomics, macroeconomics, finance and information systems as they relate to trading, liquidity, and market structure. It provides a detailed examination of the impact of trading costs and other impediments of trading that the authors call “frictions”. It also presents an interactive simulation model of equity market trading, TraderEx, that enables students to implement trading decisions in different market scenarios and structures. Addressing these topics shines a bright light on how a real-world financial market operates, and the simulation provides students with an experiential learning opportunity that is informative and fun. Each of the chapters is designed so that it can be used as a stand-alone module in an existing economics, finance, or information science course. Instructor resources such as discussion questions, Powerpoint slides and TraderEx exercises are available online.

Original languageEnglish
Pages (from-to)1-103
Number of pages103
JournalClassroom Companion: Business
VolumePart F9791
DOIs
StatePublished - 2022

Keywords

  • Blockchains
  • Consumer Information Systems
  • Corporate Finance
  • Financial Information systems
  • Financial Market Liquidity
  • Financial Markets
  • FinTech
  • International Finance
  • Liquidity Creation
  • Open Access
  • Portfolio Management
  • TraderEx
  • Trading Analytics
  • Trading and Artificial Intelligence
  • Trading and Machine Learning
  • Trading Tech

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