AØKK08140U Seminar: Financial Market Microstructure (F)
MSc of Economics
The seminar is primary for students at the MSc of
Economics
Deeper investigation of the topics raised in two masters courses, Financial Markets and International Finance, depending on participants’ interests. These topics may also range into consequences of financial market imperfections which were not covered by the two courses.
The following list indicates some suggested topic areas – paper proposals are not limited to these suggestions.
1. Effects of banning short sales.
2. Transactions tax, theoretical effect.
3. Fragmentation of trade over multiple venues: consequences and regulation.
4. Models of over-the-counter trading.
5. Possible breakdown of trade under too much adverse selection.
6. Algorithmic trade, high frequency trade, theories, regulation.
7. Hedge funds, arbitrage funds, in theory and practice.
8. Stabilizing and destabilizing speculation.
9. Manipulation of asset prices.
10. Asset price bubbles and herding behavior.
11. Liquidity premium in theory and practice.
Advanced and current topics in financial market microstructure: for a preliminary idea, see the course descriptions for the two lecture course on Financial Markets and International Finance.
For participants who have not already followed one the lecture courses in the area, it is necessary to study one of the course textbooks as preparation for this seminar.
Preparation meeting: Monday, August 31 at 13:15-15:00.
Deadline for one page of commitment paper: Monday, September 28.
Discussion meeting: Monday, October 5 at 13:15-15:00.
Deadline for 3 slides on core analysis: Monday, November 2.
Analytical meeting: Monday, November 9 at 12:15-15:00.
Deadline for final paper: Friday, January 5, 2016.
Paper presentation workshop: 14-15 January 2015, 10:00-16:00.
More information about seminars at
https://intranet.ku.dk/economics_ma/study_programme/seminars/Pages/default.aspx
- Category
- Hours
- Exam
- 0,6
- Project work
- 186
- Seminar
- 20
- Total
- 206,6
- Credit
- 7,5 ECTS
- Type of assessment
- Written assignmentOral examination, 45 min under invigilationA written seminar paper and a 15 minuts oral presentation for the others participans at the semina and 30 min of discussion.
- Exam registration requirements
Attendance on the seminar. The mandatory commitment paper and seminar paper have been handed in at deadline.
- Aid
All aids are allowed for writing the final seminar paper.
To the presentation: Prepared slides, a copy of own paper, and access to the quoted literature.
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
up to 20 % censorship at the seminarpaper
- Exam period
Deadline for one page of commitment paper: Monday, September 28.
Deadline for 3 slides on core analysis: Monday, November 2.
Deadline for final paper: Friday, January 8, 2016.
Paper presentation workshop: 14-15 January 2015, 10:00-16:00.
- Re-exam
As ordinary.
Criteria for exam assesment
The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
Course information
- Language
- English
- Course code
- AØKK08140U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 semester
- Placement
- Autumn
- Schedule
- Autumn (36-50)
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course responsibles
- ptk532 ptk532 (14-7873817e73803c808372777573804e73717d7c3c79833c7279)
- Peter Norman Sørensen (21-786d7c6d7a3676777a756976367b777a6d767b6d76486d6b777636737d366c73)