"Financial Economics" . . "Financial Economics." . "Anlagepolitik." . . "Anlagepolitik" . "Liquidität." . . "Liquidität" . "Börsenumsatz" . . "Messung." . . "Messung" . "Stochastische modellen." . . "Affaires." . . "Finances." . . "Liquidité (économie politique) Modèles mathématiques." . . "Liquidité (Économie politique) Modèles mathématiques." . "Wertpapierhandel" . . "Finance." . . "Economics." . . "Aktiehandel-internet" . . "Mikrostrukturanalyse" . . "Derivative securities Mathematical models." . . "Options (Finance) Mathematical models." . . "Liquidity (Economics) Mathematical models." . . "Instruments dérivés (finances) Modèles mathématiques." . . "Instruments dérivés (Finances) Modèles mathématiques." . "Actions (Titres de société) Prix Modèles mathématiques." . . "Børshandel" . . "Portfolio-theorie." . . "Options (finances) Modèles mathématiques." . . "Options (Finances) Modèles mathématiques." . "Gesamtwirtschaftliche Liquidität" . . "Aktienmarkt Liquidität Messung Anlagepolitik Institutioneller Anleger Mikrostrukturtheorie <Kapitalmarkttheorie>" . . "Værdipapirhandel" . . "Economics/Management Science" . . "Economics/Management Science." . "Bid-Ask Spread" . . . . . . "Electronic books" . "Electronic books"@en . . "Strategic trading in illiquid markets"@en . "Strategic trading in illiquid markets" . . . . . . . "Llibres electrònics" . . "This volume considers trading strategies in illiquid markets from three perspectives. The first chapter presents an innovative approach to investigate the interactions between the trading activities of a large investor, the stock price, and liquidity. The framework generalizes existing models by introducing a stochastic liquidity factor. The flexibility of the framework is illustrated by an application that deals with the pricing of a liquidity derivative. The second chapter focuses on a new pragmatic approach to determine optimal liquidation strategies if an investor uses market orders to unwind large security positions in an illiquid market. The third chapter devotes special attention to iceberg orders. It presents a parsimonious framework that allows to analyze the rationale for the use of this order type by assessing the costs and benefits of this trading instrument."@en . . "Stratetic trading in illiquid markets" . . . . . . . . . . . . . . . . . . "Ressources Internet" . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . "Strategic Trading in Illiquid Markets" . "Strategic Trading in Illiquid Markets"@en . . . . "This volume considers trading strategies in illiquid markets from three perspectives. The first chapter presents an innovative approach to investigate the interactions between the trading activities of a large investor, the stock price, and liquidity. The framework generalizes existing models by introducing a stochastic liquidity factor. The flexibility of the framework is illustrated by an application that deals with the pricing of a liquidity derivative. The second chapter focuses on a new pragmatic approach to determine optimal liquidation strategies if an investor uses market orders to unwind large security positions in an illiquid market. The third chapter devotes special attention to iceberg orders. It presents a parsimonious framework that allows to analyze the rationale for the use of this order type by assessing the costs and benefits of this trading instrument. TOC:Modeling Feedback Effects with Stochastic Liquidity.- Optimal Liquidation Strategies.- The Navigation of an Iceberg" . . . . . . . . . . . . . . . . . . . . . . . "Proefschriften (vorm)" . . . . "Finance /Banking" . . "Finance /Banking." . "Liquiditat (Economia)" . . "Stocks Prices Mathematical models." . . "Science économique." . . "Institutioneller Anleger." . . "Institutioneller Anleger" . "Actions de sociétés Cours Modèles mathématiques." . . . . "Wertpapierhandel / Strategie / Börsenumsatz / Mikrostrukturanalyse / Bid-Ask Spread / Institutioneller Anleger / Gesamtwirtschaftliche Liquidität / Theorie." . . "Kreditmarkt." . . "Economia." . . "Aktienmarkt Liquidität Messung Anlagepolitik Institutioneller Anleger." . . "Mikrostrukturtheorie (Kapitalmarkttheorie)" . . "Mikrostrukturtheorie <Kapitalmarkttheorie>." . . "Mikrostrukturtheorie <Kapitalmarkttheorie>" . "Liquiditeit." . . "Effectenhandel." . . "Aktieinvestering" . . "Administració." . . "BUSINESS & ECONOMICS Investments & Securities General." . . "Quantitative Finance" . . "Quantitative Finance." . "Banks and banking." . . "Unvollkommener Markt." . . "Aktienmarkt." . . "Aktienmarkt" . "Mathematisches Modell." . . "Strategie" . . "Theorie" . . "Economie de l'entreprise." . .