What is an exchange? automation, management and regulation
- Oxford Oxford University Press 1998
- xviii, 405p. 24 cm ; Hard Bound
1. Introduction -- 2. Governance -- 3. Governance: Case Studies -- 4. Competition and Cooperation -- 5. Cooperation: Case Studies -- 6. Information -- 7. Classification and Market Structure: Law and Regulation -- 8. Information: Law and Regulation -- 9. Governance: Law and Regulation -- 10. Information: Economics -- 11. Information and Competition: Policy -- 12. Classification and Governance: Policy -- App. 1. Trading Systems.
New technology is revolutionizing the nature and threatening the existence of traditional stock and futures exchanges. This book analyses how they are responding to developments in automation, what strategies they should adopt to survive and prosper, and whether their actions both are, and should be, a matter of public concern. The book applies knowledge, experience, and analytical techniques from the fields of business, economics, law, and regulation.
0-19-828840-9
Stock exchanges Future markets Stock exchanges--Law and legislation