Synopses & Reviews
Make the post-meltdown markets work for you, using the unparalleled insight of todays top global investing experts! “This book provides a collection of papers that examine trading execution, technical trading, and trading strategies, as well as algorithms in different markets (equities, forex, fixed income, exchange traded funds, derivatives, and commodities) around the world. This is particularly relevant given the recent explosion in trading volumes.”
Tarun Chordia, R. Howard Dobbs Chair in Finance, Goizueta Business School, Emory University
“This book uses a number of well-respected authors in the area of asset trading. It provides a comprehensive analysis of trading-related issues covering momentum trading, algorithmic trading, the use of technical trading rules, strategies for ETFs, and the role of trading volume.”
Professor John Cotter, Director of the Centre for Financial Markets, University College Dublin School of Business, University College Dublin
“The Handbook of Trading is a good reference tool for both practitioners and academics. The contents cover a wide range of topical issues.”
Professor Robert McGee, Director of the Center for Accounting, Auditing, and Tax Studies, College of Business Administration, Florida International University
About the Book:
Given todays market volatility, even the most advanced investors can be unsure of their next move. Rather than rely on one or two individuals who claim general knowledge on any given investing topic, you need the advice of professionals who have spent their entire careers developing real expertise on more focused sectors of the market.
The Handbook of Trading is the only book available that provides just that. Greg N. Gregoriou has amassed forty of the worlds top academics, researchers, and practitioners who explain how to make todays markets work for you. With this highly technical but ultimately practical guide, you have access to a broad array of trading strategies that will put you light years ahead of the competitionregardless of the state of the market.
From technical analysis and momentum trading to algorithmic and FOREX trading, The Handbook of Trading introduces you to techniques and insights never before published, each of which has been rigorously back-tested and analyzed. Chapters include:
- Performance Leakage and Value Discounts on the Toronto Stock Exchange
Lawrence Kryzanowski and Skander Lazrak
- Trading in Turbulent Markets: Does Momentum Work?
Tim A. Herberger and Daniel M. Kohlert
- Profitability of Technical Trading Rules in an Emerging Market
Dimitris Kenourgios and Spyros Papathanasiou
- Leveraged Exchange-Traded Funds and Their Trading Strategies
Narat Charupat
- The Impact of Algorithmic Trading Models on the Stock Market
Ohannes G. Paskelian
Applying critical lessons learned from the financial crisis of 2008–2009, the contributors explain how to approach turbulent market environments and adjust your trading methodologies accordingly.
The Handbook of Trading is the go-to guide for financial professionals seeking profits in todays currency, bond, and stock markets.
Correlating PowerPoint slides and reading questions created by the contributors appear on http://www.mhprofessional.com/handbookoftrading.
Synopsis
Profit in the post-meltdown markets using the strategies of todays most successful international investors! In The Handbook of Trading, an international team of experts, academics, and researchers provides tools, insights, and strategies for succeeding in todays global capital markets.
Offering access to cutting-edge research and up-to-date data compiled by some of todays top professionals in the field of trading, including Dean Fantazzini, Paul Brockman, and G. Geoffrey Booth, this comprehensive guide examines new and provocative strategies you can use to gain a definitive edge over the competition.
Divided equally into five sections, The Handbook of Trading explores:
- Execution and momentum trading
- Technical trading rules, technical analysis, and the dual moving average
- STAR Models and leveraged exchange-traded funds
- Algorithmic trading
- Trading volume and behavior
- Currency and foreign exchange trading
The Handbook of Trading is your chance to learn from an outstanding global team of financial experts and leading academics who have rigorously backtested and analyzed an array of some of today's most successful trading strategies.
Synopsis
Applying critical lessons learned from the financial crisis of 2008-2009, thecontributors explain how to approach turbulent market environments and adjusttrading methodologies accordingly.
About the Author
About the Editor Greg N. Gregoriou is Professor of Finance in the School of Business and Economics at State University of New York (Plattsburgh). He has published 35 books and is co-editor for the Journal of Derivatives and Hedge Funds. He also is an editorial board member for the Journal of Wealth Management and the Journal of Risk Management in Financial Institutions. He has written over 55 articles in various U.S. and U.K. peer-reviewed publications. His books with McGraw-Hill include The Handbook of Credit Portfolio Management, The Credit Derivatives Handbook, The VaR Implementation Handbook, The VaR Modeling Handbook, and The Risk Modeling Evaluation Handbook.
Table of Contents
Section One: Execution and Momentum Trading;
Chapter 1. Performance Leakage and Value Discounts on the Toronto Stock Exchange;
Chapter 2. Informed Trading in Parallel Auction and Dealer Markets: The Case of the London Stock Exchange;
Chapter 3. Order Placement Strategies in Different Market Structures;
Chapter 4. Momentum Trading for the Private Investor;
Chapter 5. Trading in Turbulent Markets: Does Momentum Work;
Chapter 6. The Financial Futures Momentum;
Section Two: Technical Trading;
Chapter 7. Profitability of Technical Trading Rules in an Emerging Market;
Chapter 8. Testing Technical Trading Rules as Portfolio Selection Strategies;
Chapter 9. Do Technical Trading Rules Increase the Probability of Winning: Empirical Evidence from the Foreign Exchange Market;
Chapter 10. Technical Analysis in Turbulent Financial Markets: Does Nonlinearity Assist;
Chapter 11. Profiting from the Dual Moving Average Cross-Over with Exponential Smoothing;
Chapter 12. Shareholder Demands and the Delaware Derivative Action;
Section Three: Exchange Traded Fund Strategies;
Chapter 13. Leveraged Exchanged-Traded Funds and their Trading Strategies;
Chapter 14. On the Impact of Exchange-Traded Funds over Noise Trading: Evidence from European Stock Exchanges;
Chapter 15. Penetrating Fixed Income ETFs;
Chapter 16. Smoothing Transition Autoregressive (STAR) Models for the Day of the Week Effect: An Application to S&P 500 Index;
Section Four: Foreign Exchange Markets, Algorithmic Trading, and Risk;
Chapter 17. Disparity of USD Interbank Interest Rates in Hong Kong and Singapore: Is There Any Arbitrage Opportunity;
Chapter 18. Forex Trading Opportunities Through Prices Under Climate Change;
Chapter 19. The Impact of Algorithmic Trading Models on the Stock Market;
Chapter 20. Trading in Risk Dimensions;
Chapter 21. Development of a Risk-Monitoring Tool Dedicated to Commodity Trading;
Section Five: Trading Volume and Behavior;
Chapter 22. Securities Trading, Asymmetric Information, and Market Transparency;
Chapter 23. Arbitrage Risk and the High-Volume Return Premium;
Chapter 24. The Impact of Hard vs. Soft Information on Trading Volume: Evidence from Management Earnings Forecasts;
Chapter 25. Modeling Bubbles and Anti-Bubbles in Bear Markets: A Medium-Term Trading Analysis;
Chapter 26. Strategic Financial Intermediaries with Brokerage Activities;
Chapter 27. Financial Markets, Investment Analysis, and Trading in Primary and Secondary Markets;
Chapter 28. Trading and Overconfidence;
Chapter 29. Correlated-Asset Trading and Disclosure of Private Information