Evolution of the Exchange Industry From Dealers’ Clubs to Multinational Companies /

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, h...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Geranio, Manuela (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Cham : Springer International Publishing : Imprint: Springer, 2016.
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
LEADER 03090nam a22004695i 4500
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020 |a 9783319210278  |9 978-3-319-21027-8 
024 7 |a 10.1007/978-3-319-21027-8  |2 doi 
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072 7 |a BUS045000  |2 bisacsh 
082 0 4 |a 339  |2 23 
100 1 |a Geranio, Manuela.  |e author. 
245 1 0 |a Evolution of the Exchange Industry  |h [electronic resource] :  |b From Dealers’ Clubs to Multinational Companies /  |c by Manuela Geranio. 
264 1 |a Cham :  |b Springer International Publishing :  |b Imprint: Springer,  |c 2016. 
300 |a XIV, 126 p. 43 illus., 40 illus. in color.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
505 0 |a 1 The exchange industry: recent facts and the current scenario -- 2 The functions and economics of the exchange markets -- 3 Strategic patterns of exchanges -- 4 The surge of alternative players in the trading field -- 5 The governance of exchanges -- 6 Regulation on exchanges: new threats and opportunities -- 7 Issues at a glance in the exchange industry. 
520 |a 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. 
650 0 |a Finance. 
650 0 |a Industrial organization. 
650 0 |a Macroeconomics. 
650 1 4 |a Economics. 
650 2 4 |a Macroeconomics/Monetary Economics//Financial Economics. 
650 2 4 |a Finance, general. 
650 2 4 |a Industrial Organization. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783319210261 
856 4 0 |u http://dx.doi.org/10.1007/978-3-319-21027-8  |z Full Text via HEAL-Link 
912 |a ZDB-2-ECF 
950 |a Economics and Finance (Springer-41170)