The Handbook of Trading: Strategies for Navigating and Profiting from Currency, Bond, and Stock Markets

The Handbook of Trading 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 This is the only book available that provides just that. Greg N. Gregoriou has amassed forty of the world’s top academics, researchers, and practitioners who explain how to make today’s 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 competition―regardless 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
  
• Trading in Turbulent Markets: Does Momentum Work?
  
• Profitability of Technical Trading Rules in an Emerging Market
  
• Leveraged Exchange-Traded Funds and Their Trading Strategies
  
• The Impact of Algorithmic Trading Models on the Stock Market

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 today’s currency, bond, and stock markets. 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.

Contents:

Part 1: EXECUTION AND MOMENTUM TRADING

• Performance Leakage and Value Discounts on the Toronto Stock Exchange
• Informed Trading in Parallel Auction and Dealer Markets: The Case of the London Stock Exchange
• Momentum Trading for the Private Investor
• Trading in Turbulent Markets: Does Momentum Work?
• The Financial Futures Momentum
• Order Placement Strategies in Different Market Structures: A Primer

Part 2: TECHNICAL TRADING

• Profitability of Technical Trading Rules in an Emerging Market
• Testing Technical Trading Rules as Portfolio Selection Strategies
• Do Technical Trading Rules Increase the Probability of Winning? Empirical Evidence from the Foreign Exchange Market
• Technical Analysis in Turbulent Financial Markets: Does Nonlinearity Assist?
• Profiting from the Dual-Moving Average Crossover with Exponential Smoothing
• Shareholder Demands and the Delaware Derivative Action

Part 3: EXCHANGE-TRADED FUND STRATEGIES

• Leveraged Exchange-Traded Funds and Their Trading Strategies
• On the Impact of Exchange-Traded Funds over Noise Trading: Evidence from European Stock Exchanges
• Penetrating Fixed-Income Exchange-Traded Funds
• Smooth Transition Autoregressive Models for the Day-of-the-Week Effect: An Application to the S&P 500 Index

Part 4: FOREIGN EXCHANGE MARKETS, ALGORITHMIC TRADING, AND RISK

• Disparity of USD Interbank Interest Rates in Hong Kong and Singapore: Is There Any Arbitrage Opportunity?
• Forex Trading Opportunities Through Prices Under Climate Change
• The Impact of Algorithmic Trading Models on the Stock Market
• Trading in Risk Dimensions
• Development of a Risk-Monitoring Tool Dedicated to Commodity Trading

Part 5: TRADING VOLUME AND BEHAVIOR 

• Securities Trading, Asymmetric Information, and Market Transparency
• Arbitrage Risk and the High-Volume Return Premium
• The Impact of Hard versus Soft Information on Trading Volume: Evidence from Management Earnings Forecasts
• Modeling Bubbles and Anti-Bubbles in Bear Markets: A Medium-Term Trading Analysis
• Strategic Financial Intermediaries with Brokerage Activities
• Financial Markets, Investment Analysis, and Trading in Primary and Secondary Markets
• Trading and Overconfidence
• Correlated Asset Trading and Disclosure of Private Information