London's quiet revolution.

On October 20, 1997, the London Stock Exchange's new computerized trading system will be launched. Despite previous hostility to reform, the exchange's head, Gavin Casey, insists that there is now widespread enthusiasm for letting computers collect offers to buy and sell shares and then match these...

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Publicado en:Economist Vol. 345; pp. 76 - 78
Formato: Artículo
Publicado: Economist Newspaper Limited October 18 1997
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      ab: On October 20, 1997, the London Stock Exchange's new computerized trading system will be launched. Despite previous hostility to reform, the exchange's head, Gavin Casey, insists that there is now widespread enthusiasm for letting computers collect offers to buy and sell shares and then match these trades automatically. However, traders will not be forced to use the system, which imposes certain restrictions on the deals that it will accept, and they may continue to process large deals over the phone. London's other electronic trading system, Tradepoint, is discussed.
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