✦ LIBER ✦

Under the microscope: the structure of the foreign exchange market

✍ Scribed by Michael J. Sager; Mark P. Taylor

Publisher: John Wiley and Sons
Year: 2006
Tongue: English
Weight: 155 KB
Volume: 11
Category: Article
ISSN: 1076-9307
DOI: 10.1002/ijfe.277

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

We provide a detailed, up‐to‐date description of the microstructure of the foreign exchange market and of the behaviour of participant groups. In the light of this, we highlight shortcomings in existing theoretical models of market interaction and present an outline alternative model that marries theoretical prediction and current market practice. Copyright © 2006 John Wiley & Sons, Ltd.

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