Institutional Finance (1 º Sem 2013/2014)

FI (Finanças)

Program

- Traditional and institutional finance;
- Asymmetric information on the liability-side: Liquidity risk and bank runs;
- Asymmetric information on the asset-side: Credit risk and monitoring;
- Other risks: Interest rate and off-balance sheet risk;
- Outlook on the trading industry/1: Trading mechanisms;
- Outlook on the trading industry/2: Order submission and execution;
- A first look at bid, ask and transaction prices;
- Dealers and inventory/1: Theory;
- Dealers and inventory/2: Evidence;
- Limit order book/1: Theory;
- Limit order book/2: Evidence;
- Asymmetric information and market efficiency;
- Dealers and asymmetric information: Theory;
- Dealers and asymmetric information: Evidence;
- Strategic trading and price impact;
- Algorithmic trading;
- Asymmetric information and performance evaluation.