Only connect.
According to established stock markets, electronic exchanges could bring market fragmentation, but they may just be scared of the competition. The recent surge of innovation in electronic share-trading systems is forcing regulators to deal with a host of questions they would rather not have to. Te...
| Publicado en: | Economist Vol. 353; no. 8140; pp. 97 - 98 |
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| Formato: | Artículo |
| Publicado: |
Economist Newspaper Limited
10/9/1999
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| Materias: | |
| 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=507659311&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 507659311 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130613 ECO jtl: Economist issn: 00130613 maglogo: N pubinfo: dt: 10/9/1999 vid: 353 iid: 8140 pid: 161 pub: Economist Newspaper Limited artinfo: ui: 507659311 ppf: 97 ppct: 1 formats: tig: atl: Only connect. aug: su: Stock exchanges Investments -- Data processing Securities industry laws sug: subj: Stock exchanges Investments -- Data processing Securities industry laws keyword: Stock exchanges -- International aspects ab: According to established stock markets, electronic exchanges could bring market fragmentation, but they may just be scared of the competition. The recent surge of innovation in electronic share-trading systems is forcing regulators to deal with a host of questions they would rather not have to. Technological change in itself is not the problem; rather, it is the regulated marketplaces that have tended to be slow and ineffectual in adopting new technology. In most industries, more competition has been welcomed, but in financial markets, there is a fear that new competitors will drain liquidity from traditional markets, dividing big pools of liquidity into smaller ones and making traders and investors worse off. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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