Evolution of the Exchange Industry

From Dealers’ Clubs to Multinational Companies

Business & Finance, Economics, Macroeconomics, Finance & Investing, Finance
Cover of the book Evolution of the Exchange Industry by Manuela Geranio, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Manuela Geranio ISBN: 9783319210278
Publisher: Springer International Publishing Publication: April 8, 2016
Imprint: Springer Language: English
Author: Manuela Geranio
ISBN: 9783319210278
Publisher: Springer International Publishing
Publication: April 8, 2016
Imprint: Springer
Language: English

This book describes the dramatic changes that have occurred in the exchange industry during the past two decades. The strategies adopted by major world exchanges during this period are explained and the roles of multilateral trading systems and over-the-counter (OTC) players are clearly described, highlighting their economics and their interconnections with traditional exchanges. Up-to-date, comprehensive comparisons are made of the performances of the main exchanges, and important governance issues are considered. In addition, threats and opportunities for major types of trading venue, deriving either from new regulatory approaches or from the surge in new markets, are presented and discussed with a view to forecasting future developments in the secondary market industry.

The background to the book is the strong erosion in traditional profit drivers for exchanges produced by the progress in communications and trading technology. In many countries, regulation has reduced barriers to entry in the equity field, facilitating a surge in new players and a shift of liquidity toward alternative trading platforms and dark pools.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book describes the dramatic changes that have occurred in the exchange industry during the past two decades. The strategies adopted by major world exchanges during this period are explained and the roles of multilateral trading systems and over-the-counter (OTC) players are clearly described, highlighting their economics and their interconnections with traditional exchanges. Up-to-date, comprehensive comparisons are made of the performances of the main exchanges, and important governance issues are considered. In addition, threats and opportunities for major types of trading venue, deriving either from new regulatory approaches or from the surge in new markets, are presented and discussed with a view to forecasting future developments in the secondary market industry.

The background to the book is the strong erosion in traditional profit drivers for exchanges produced by the progress in communications and trading technology. In many countries, regulation has reduced barriers to entry in the equity field, facilitating a surge in new players and a shift of liquidity toward alternative trading platforms and dark pools.

More books from Springer International Publishing

Cover of the book Data Analytics and Management in Data Intensive Domains by Manuela Geranio
Cover of the book Building-Integrated Photovoltaic Systems (BIPVS) by Manuela Geranio
Cover of the book Fundamentals of Computer Architecture and Design by Manuela Geranio
Cover of the book Biomedical Engineering and Neuroscience by Manuela Geranio
Cover of the book Expanding Peace Ecology: Peace, Security, Sustainability, Equity and Gender by Manuela Geranio
Cover of the book The Early Solov’ëv and His Quest for Metaphysics by Manuela Geranio
Cover of the book Informing Clinical Practice in Nephrology by Manuela Geranio
Cover of the book Lattices of Dielectric Resonators by Manuela Geranio
Cover of the book Cybercrime, Digital Forensics and Jurisdiction by Manuela Geranio
Cover of the book Brooklyn’s Bushwick - Urban Renewal in New York, USA by Manuela Geranio
Cover of the book Incidental Radiological Findings by Manuela Geranio
Cover of the book Toward Scientific Medicine by Manuela Geranio
Cover of the book Trends in Insect Molecular Biology and Biotechnology by Manuela Geranio
Cover of the book Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies by Manuela Geranio
Cover of the book Social Computing and Social Media by Manuela Geranio
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy