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What Is an Exchange?: The Automation, Management, and Regulation of Financial Markets

What Is an Exchange?: The Automation, Management, and Regulation of Financial Markets

Hardcover

AccountingInvesting & Finance

ISBN10: 0198288409
ISBN13: 9780198288404
Publisher: Oxford University Press
Published: Jan 14 1999
Pages: 424
Weight: 1.69
Height: 1.25 Width: 6.06 Depth: 9.46
Language: English
The existence and nature of exchanges used not to be controversial; they were easily identified and characterized. New technology, however, has led to the development of new exchanges and trading systems, posing problems for those concerned with the regulation of trading markets. Ruben Lee examines the question of what an exchange is, using arguments from both financial economics and law, and sets out a view of how exchanges might be regulated.

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Investing & Finance