Competition in a Consolidating Environment

• Corporate Author: SpringerLink (Online service)
• Other Authors: Colaninno, Antoinette (Editor), Byrne, John Aidan (Editor), Schwartz, Robert A. (Editor)
• Format: Electronic eBook
• Language: English
• Published: Boston, MA : Springer US, 2008.
• Series: Zicklin School of Business Financial Markets Series
• Subjects: Finance.; Business.; Management science.; Finance, general.; Business and Management, general.

Competition between market centers is a driving force for innovation, dynamic growth, and reasonable pricing structures. Consolidating the order flow amasses liquidity, sharpens price discovery, and lowers trading costs. Can competition remain vibrant in a consolidated environment? How does inter-ma...