The Economic Function of a Stock Exchange

• Corporate Author: SpringerLink (Online service)
• Other Authors: Schwartz, Robert A. (Editor), Byrne, John Aidan (Editor), Wheatley, Lauren (Editor)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Series: Zicklin School of Business Financial Markets Series
• Subjects: Finance.; Information technology.; Business > Data processing.; Macroeconomics.; Finance, general.; Macroeconomics/Monetary Economics//Financial Economics.; IT in Business.

In recent years, exchanges on both sides of the Atlantic have been extensively reengineered, and their organizational structures have changed from non-profit, membership organizations to for-profit, demutualized organizations. Concurrently, new alternative trading systems have emerged and the tradit...