{"product_id":"quantum-markets-physical-theory-of-market-microstructure-paperback","title":"Quantum Markets: Physical Theory of Market Microstructure - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eJack Sarkissian\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eThis book provides technical introduction into quantum nature of financial markets on microstructural level. Coming from examination of price formation process the book explains why it is a quantum process and why the common stochastic methods are insufficient. Building on this fact, quantum framework is developed as it applies to finance, not elementary particles. Although there is a basic similarity, the resulting picture is much different from traditional quantum physics.\u003cbr\u003eQuantum physics is known as a discipline of calculations, not philosophy. That style is maintained throughout the book. The book is most appropriate for institutional finance professionals who have formal education in physics. The book is not intended for individuals that are looking for a general read, are unfamiliar with physics concepts, or amateur traders.\u003cbr\u003e\"Quantum Markets\" summarizes years of author's own research prompted by the need to enhance quality of decision making in his asset management and trading work. This includes modeling price impact, block trade pricing, order book dynamics, risk management of illiquid securities, etc. Armed with the material of this book the readers should be able to apply it to solve quantitative problems on a trading desk or perform their own research in this direction.\u003cbr\u003eReaders with questions about Quantum Markets can ask their questions in biweekly live 15-minute online Q\u0026amp;A sessions. Session timeline is posted on author's webpage.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 220\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.57 x 9 x 6 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e November 30, 2020\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":48716751044857,"sku":"9780578796376","price":195.75,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/2782\/3097\/files\/1FFio6-TV09780578796376.webp?v=1785073611","url":"https:\/\/bookscloud.io\/products\/quantum-markets-physical-theory-of-market-microstructure-paperback","provider":"BooksCloud Book Dropshipping","version":"1.0","type":"link"}