Paperless trading looms: new technology proves its worth.
Part of a special section on offshore investment. New technology has significantly improved the infrastructure of Asia's stock exchanges, thereby increasing their efficiency. The introduction of automated systems, central clearing houses, and electronic book entry rather than physical delivery of...
| Publicado en: | Far Eastern Economic Review Vol. 157; p. 42 |
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| Formato: | Artículo |
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Review Publishing Company Ltd.
February 24 1994
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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=512399242&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512399242 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00147591 FEE jtl: Far Eastern Economic Review issn: 00147591 maglogo: N pubinfo: dt: February 24 1994 vid: 157 pid: 850 pub: Review Publishing Company Ltd. artinfo: ui: 512399242 ppf: 42 formats: tig: atl: Paperless trading looms: new technology proves its worth. aug: au: Sender, Henny su: Investments -- Data processing Clearing of securities Stock exchanges Asia sug: subj: Asia Investments -- Data processing Clearing of securities Stock exchanges ab: Part of a special section on offshore investment. New technology has significantly improved the infrastructure of Asia's stock exchanges, thereby increasing their efficiency. The introduction of automated systems, central clearing houses, and electronic book entry rather than physical delivery of share certificates has created a competitive advantage for those exchanges that have invested in this new structure. Nevertheless, in some cases there has been considerable domestic opposition from local players who benefited from previous inefficiencies. Although the introduction of greater efficiency and transparency in the physical infrastructure can work against the interests of foreigners in certain cases, minimum standards and rules must be implemented if markets are serious about attracting foreign capital. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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