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Trading and Exchanges [ MGEST2163 ]


5.0 crédits ECTS  30.0 h   1q 

Teacher(s) De Winne Rudy (coordinator) ; D'Hondt Catherine ;
Language French
Place
of the course
Mons
Main themes

' The typology of market structures
' The quality indicators of a financial market
' The intervention strategies in a market (placing orders, trading algorithm)
' The analysis of transaction costs
' European regulation (MiFID) and its implications for financial markets 

Aims

 

On completion of this course, students will be able:
' to analyse the operation of a financial market regardless of the structure;
' to evaluate the issues related to liquidity, efficiency and transparency of financial markets;
' to apply the fundamentals of transaction costs analysis;
' to evaluate intervention strategies on the market, particularly with regard to the liquidity of these and transaction costs;
' to analyse recent trends in financial markets in Europe.

 

Evaluation methods

Oral examination 

Teaching methods
  • Lectures
  • Course-related exercises
  • Group work 
Bibliography
  • GIRAUD JR., D'HONDT C. (2006), MiFID:Convergence towards a unified European capital markets industry, Risk Books
  • HARRIS L. (2003), Trading & Exchanges:Market Microstructure for
    Practitioners, Oxford University Press
  • KISSEL R., GLANTZ M. (2003), Optimal Trading Strategies, American

Management Association 

Cycle et année
d'étude
> Master [120] in Business engineering
> Master [120] in Management
> Master [120] in Business Engineering
> Master [120] in Management
> Master [60] in Management
Faculty or entity
in charge
> BLSM


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