Financial Trading and Investing

Financial Trading and Investing

3rd Edition - September 1, 2022

Write a review

  • Author: John Teall
  • Paperback ISBN: 9780323909556

Purchase options

Purchase options
Available for Pre-Order
Sales tax will be calculated at check-out

Institutional Subscription

Free Global Shipping
No minimum order


Financial Trading and Investing, Third Edition provides a useful introduction to trading and market microstructure for advanced undergraduate as well as master’s students. Without demanding a background in econometrics, the book explores alternative markets and highlights recent regulatory developments, implementations, institutions and debates. The text offers explanations of controversial trading tactics (and blunders) such as high-frequency trading, dark liquidity pools, fat fingers, insider trading and flash orders, emphasizing links between the history of financial regulation and events in financial markets. It includes coverage on valuation and hedging techniques, particularly with respect to fixed income and derivatives markets, accompany updated regulatory information. Combining theory and application, this book provides a practical beginner's introduction to today's investment tools and markets.

Key Features

  • Provides a logical progression from normative theory to concise mathematical applications
  • Offers coverage of European examples, welfare economics and tax law updates
  • Includes improved pedagogical supplements, including end-of-chapter questions and answers


Graduate students in Finance, Business, and Economics. Advanced UG students; Professionals working in finance, financial engineering, quantitative finance, and risk management

Table of Contents

  • 1. Introduction to Securities Trading and Markets
    2. Financial Markets, Trading Processes, and Instruments
    3. Institutional Trading
    4. Regulation of Trading and Securities Markets
    5. Adverse Selection, Trading, and Spreads
    6. Random Walks, Risk and Arbitrage
    7. Arbitrage and Hedging with Fixed Income Instruments and Currencies
    8. Arbitrage and Hedging with Options
    9. Evaluating Trading Strategies and Performance
    10. The Mind of the Investor
    11. Market Efficiency
    12. Trading Gone Awry

Product details

  • Language: English
  • Copyright: © Academic Press 2022
  • Published: September 1, 2022
  • Imprint: Academic Press
  • Paperback ISBN: 9780323909556

About the Author

John Teall

John Teall is a visiting professor at LUISS Business School in Rome, Italy. He is a former member of the American Stock Exchange and has served as a consultant to Deutsche Bank, Goldman Sachs, and other financial institutions.

Affiliations and Expertise

LUISS University in Rome, Italy

Ratings and Reviews

Write a review

There are currently no reviews for "Financial Trading and Investing"