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...
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...
