Price fixing.
The London Stock Exchange in England, which recently introduced an elaborate new system to trade shares electronically, proposes to prevent share traders manipulating prices by doing so itself. The exchange has resolved to remove year-end closing share prices that it considers “anomalous,” and the...
| Publicado en: | Economist Vol. 345; pp. 112 - 113 |
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| Formato: | Artículo |
| Publicado: |
Economist Newspaper Limited
December 20 1997-January 2 1998
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=507609529&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 507609529 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130613 ECO jtl: Economist issn: 00130613 maglogo: N pubinfo: dt: December 20 1997-January 2 1998 vid: 345 pid: 161 pub: Economist Newspaper Limited artinfo: ui: 507609529 ppf: 112 ppct: 1 formats: tig: atl: Price fixing. aug: su: London Stock Exchange Investments -- Data processing Stock prices Price fixing United Kingdom sug: subj: United Kingdom London Stock Exchange Investments -- Data processing Stock prices Price fixing keyword: London Stock Exchange plc -- Electronic trading ab: The London Stock Exchange in England, which recently introduced an elaborate new system to trade shares electronically, proposes to prevent share traders manipulating prices by doing so itself. The exchange has resolved to remove year-end closing share prices that it considers “anomalous,” and the exchange itself will determine those shares' prices, using a formula yet to be determined. Much more is at stake than what price will be contained in the following day's newspapers. Although prices in a thin market are indeed uncertain indicators of a share's true value, there is no reason to believe that the exchange can produce superior prices by setting them itself. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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