Actually my research interest for about several years is concerned on modeling and simulation of economics and finance system especially market microstructure system. But it’s not easy to make discussion because this filed still rare in Indonesia. So.. what is market microstructure? Lets have a short discuss about this

The traditional asset pricing aims to understand what should be the price of a security. It does not, however, address how prices adjust to reflect news nor does it explain how investors’ subjective assessment of a security gets into the price.

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