Chap003 How Securities are Traded 博迪投资学教材.pptVIP

CHAPTER 3;How Firms Issue Securities;How Firms Issue Securities Continued;Investment Banking;Figure 3.1 Relationship Among a Firm Issuing Securities, the Underwriters and the Public;Initial Public Offerings;Figure 3.2 Average Initial Returns for IPOs in Various Countries;Figure 3.3 Long-term Relative Performance of Initial Public Offerings;How Securities are Traded;Types of Orders;Figure 3.4 The Limit Order Book for Intel on the Archipelago Market, January 19, 2007;Figure 3.5 Price-Contingent Orders;Trading Mechanisms;U.S. Security Markets;Nasdaq;Table 3.1 Partial Requirements for Listing on NASDAQ Markets;New York Stock Exchange;Table 3.2 Some Initial Listing Requirements for the NYSE;Table 3.3 Block Transactions on the New York Stock Exchange;Other Systems;Market Structure in Other Countries;Figure 3.6 Market Capitalization of Major World Stock Exchanges, 2007;Trading Costs;Buying on Margin;Stock Margin Trading;Margin Trading - Initial Conditions Example 3.1;Margin Trading - Maintenance Margin Example 3.1;Margin Trading - Margin Call Example 3.2;Table 3.4 Illustration of Buying Stock on Margin;Short Sales;Short Sale – Initial Conditions Example 3.3;Short Sale - Maintenance Margin;Short Sale - Margin Call;Regulation of Securities Markets;Regulation Securities Markets Continued;Circuit Breakers;Insider Trading