Explore the intricacies of the third and fourth markets in securities trading, focusing on OTC trading of exchange-listed securities and direct institution-to-institution trading. Understand their roles in market efficiency and discover practical examples.
Explore the Efficient Market Hypothesis (EMH) in-depth, including its forms, implications, critiques, and significance for the SIE Exam. Learn how EMH impacts investment strategies and market analysis, and understand the debates surrounding market efficiency.
Explore the world of algorithmic and high-frequency trading, their strategies, impact on markets, and regulatory environment. Understand how these technologies shape modern stock trading.
Explore the distinct roles of investors and speculators in financial markets, their strategies, contributions to market efficiency, and associated risks and ethical considerations.
Explore the concept of arbitrage, a fundamental trading strategy that exploits price differences across markets. Learn how derivatives facilitate arbitrage and enhance market efficiency.