Evolution Of The Exchange Industry: From Dealers' Clubs To Multinational Companies

April 22, 2018|
Evolution Of The Exchange Industry: From Dealers' Clubs To Multinational Companies by Manuela Geranio
$142.95 
$156.50 save 8%
Paperback
Earn 715 plum® points
Buy Online
Ship to an address
Free shipping on orders over $35
Pick up in store
To see if pickup is available,
Buy In Store
Not sold in stores
Prices and offers may vary in store

about

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.
Manuela Geranio is Tenured Researcher in Financial Markets and Institutions and Adjunct Professor of International Financial Markets at Bocconi University, Milan. She holds a PhD in Business Administration. Her research focuses on equity markets, both at the domestic and at the international level, including IPOs, delistings, private e...
Loading
Title:Evolution Of The Exchange Industry: From Dealers' Clubs To Multinational Companies
Format:Paperback
Product dimensions:126 pages, 9.25 X 6.1 X 0 in
Shipping dimensions:126 pages, 9.25 X 6.1 X 0 in
Published:April 22, 2018
Publisher:Springer Nature
Language:English
Appropriate for ages:All ages
ISBN - 13:9783319793283

Look for similar items by category:

Recently Viewed
|