Financial Market Microstructure
This course will offer students an understanding of the main micro-structural features of financial markets, and the opportunity to test and practice different trading strategies. The course concentrates on the operations of exchanges, trading systems and broker/dealer intermediaries. Students will have a high level view of the trading decision process, market structure design, and market structure regulation. The course is based on computer simulations that recreate a trading environment and the typical challenges faced by professional traders.