Work

Microstructure Theory and the Foreign Exchange Market

Year: 1991

Type: article

Abstract: Mark D. Flood reviews the theoretical literature on market microstructure to see what lessons it holds for the foreign exchange market. Microstructure theory is of interest to students of the foreign exchange market, says the author, because it can yield insights into dealers’ behavior and the impact of institutional arrangements.

DOI: 10.20955/r.73.52-70

Author: Mark D. Flood

Institution: Federal Reserve Bank of St. Louis

Language: English

Topic: Financial Markets and Investment Strategies

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: gold

OpenAlex ID: W2139074427

FWCI: 2.671

Cites: 51

Cited by: 34

Related to: 10