資料來源：公開整理
獲取方式：關(guān)注報告達(dá)人,后臺回復(fù)“6”
付費(fèi)推廣：推廣報告（付費(fèi)推廣，歡迎洽談）
導(dǎo)讀
Fragmentation, the search for liquidity, and high-frequency traders:These are the realities of modern markets. Traditional models of market microstructure havestudied the highly simplified interaction between an idealized market-maker or specialist and stream of external orders that may come from noise traders or informed traders. In the modern marketplace, the market itself is replaced by a loosely coupled network of visible and hidden venues, linked together by high-frequency traders and by algorithmic strategies.The distinction between market-makers who post liquidity and directional traders who take liquidity no longer exists. All traders are searching for liquidity, which may be flickering across many different locations with varying latencies, fill probabilities and costs. That is the world this book addresses, treating these issues as central and fundamental rather than unwelcome complexities on top of a simple framework.
受篇幅限制，僅列舉部分資料
