Program Trading : Public Policy Aspects of Index Arbitrage.

Report, prepared by Kevin F. Winch (CRS) for the Subcom on Oversight and Investigations, examining computer-assisted large volume transactions in securities markets, known as program trading.

Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	Government Document eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1987.
Series:	U.S. Congressional Research.
Subjects:	Library of Congress. > Congressional Research Service. Computers. Prices. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Report, prepared by Kevin F. Winch (CRS) for the Subcom on Oversight and Investigations, examining computer-assisted large volume transactions in securities markets, known as program trading. Reviews the background and use of program trading, and focuses on market, price, and public policy issues related to index arbitrage, a type of program trading in which large volume transactions in the stock market are made concurrently with trades in stock index futures and/or stock index options. Includes a summary (p. 31-32), bibliography (p. 42-46), and glossary (p. 47-51).
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.