Robert A. Schwartz John Aidan Byrne Antoinette Colaninno
This book is based on the proceedings of The New NASDAQ Marketplace, a conference hosted by the Zicklin School of Business at Baruch College on May 3, 2005. The text contains the edited transcript of the panel discussions and two major presentations, one by Gerald Putnam, President and Co-Chief Operating Officer of the NYSE Group; the other by Robert Greifeld, Chief Executive Officer of the NASDAQ Stock Market. Putnam was CEO of Archipelago at the time of the conference. As with the other books in this popular series, this book is more than an historical record. The manuscript has been...
This book is based on the proceedings of The New NASDAQ Marketplace, a conference hosted by the Zicklin School of Business at Baruch College on May 3,...
This book is an augmented account of Technology and Regulation: How Are They Driving Our Markets?, a conference hosted by the Zicklin School of Business at Baruch College on May 1, 2007. The text includes the edited transcript of the full conference: four panels and the major presentations of three distinguished industry leaders Ian Domowitz, Managing Director, ITG, Inc.; Erik Sirri, Director of the Division of Market Regulation, US Securities and Exchange Commission; and John Thain, who was CEO of NYSE Euronext at the time of the conference. The book also includes a related paper by Paul...
This book is an augmented account of Technology and Regulation: How Are They Driving Our Markets?, a conference hosted by the Zicklin School of Busine...
Robert A. Schwartz John Aidan Byrne Gretchen Schnee
Three dominant forces worldwide are driving change today in our financial markets: competition, technology and regulation. But their collective impact in reshaping the markets, though they may be viewed individually as desirable or well-intentioned, is producing challenging results that are difficult to predict, hard to control and not easy to understand. Extreme market turbulence has underlined the key issues as much attention turns to the appropriate regulatory response. That is the backdrop for this thought-provoking book, emerging from a Baruch College Conference on equity market...
Three dominant forces worldwide are driving change today in our financial markets: competition, technology and regulation. But their collective impact...
The structure and operations of the US equity markets have evolved dramatically in recent decades with the advent of major technology and regulatory changes. Nothing short of a groundbreaking shift has occurred in the securities industry as the transition has been made from predominantly manual, human intermediated trading to predominantly electronic trading. By many measures, commission, spreads and market impact costs have been dramatically reduced in recent years. But does that mean that market quality has improved? That is the key question addressed in this book, titled after the...
The structure and operations of the US equity markets have evolved dramatically in recent decades with the advent of major technology and regulator...
Volatility is very much with us in today's equity markets. Day-to-day price swings are often large and intra-day volatility elevated, especially at market openings and closings. What explains this? What does this say about the quality of our markets? Can short-period volatility be controlled by better market design and a more effective use of electronic technology? Featuring insights from an international array of prominent academics, financial markets experts, policymakers and journalists, the book addresses these and other questions concerning this timely topic. In so doing, we seek...
Volatility is very much with us in today's equity markets. Day-to-day price swings are often large and intra-day volatility elevated, especially at...
This book is based on the proceedings of The Electronic Call Auction: New Answers to Old Questions, a conference hosted by the Zicklin School of Business on May 16, 2000. The text includes the edited transcripts of the panel discussions and separate addresses by three major industry executives Douglas M. Atkin, formerly President and CEO, Instinet Corporation; Kenneth D. Pasternak, formerly President and CEO, Knight/Trimark Group, Inc., and William J. Brodsky, Chairman and CEO, Chicago Board Options Exchange. The electronic call auction is an important trading vehicle in many market centers...
This book is based on the proceedings of The Electronic Call Auction: New Answers to Old Questions, a conference hosted by the Zicklin School of Busin...
Robert A. Schwartz John Aidan Byrne Lauren Wheatley
In recent years, exchanges on both sides of the Atlantic have been extensively reengineered, and their organizational structures have changed from non-profit, membership organizations to for-profit, demutualized organizations. Concurrently, new alternative trading systems have emerged and the traditional functions of broker/dealer firms have evolved. How have these changes affected the delivery of that mission? How has the efficiency of capital raising in the IPO market been impacted? These are among the key questions addressed in this book, titled after the Baruch College Conference,...
In recent years, exchanges on both sides of the Atlantic have been extensively reengineered, and their organizational structures have changed from ...
The structure and operations of the US equity markets have evolved dramatically in recent decades with the advent of major technology and regulatory changes. Nothing short of a groundbreaking shift has occurred in the securities industry as the transition has been made from predominantly manual, human intermediated trading to predominantly electronic trading. By many measures, commission, spreads and market impact costs have been dramatically reduced in recent years. But does that mean that market quality has improved? That is the key question addressed in this book, titled after the...
The structure and operations of the US equity markets have evolved dramatically in recent decades with the advent of major technology and regulator...
Robert A. Schwartz John Aidan Byrne Gretchen Schnee
Emerging from a Baruch College Conference on equity market structure in the aftermath of the global financial crisis, this book presents emerging perspective and ideas that illuminate the dynamics of financial regulation today and into the future.
Emerging from a Baruch College Conference on equity market structure in the aftermath of the global financial crisis, this book presents emerging per...
