New technology has revolutionized the nature and threatened the existence of traditional stock and futures exchanges. This book analyzes how they have responded to developments in automation.
Contents:
Governance; Governance - Case Studies; Competition and Cooperation; Cooperation - Case Studies; Information; Classification and Market Structure - Law and Regulation; Information - Law and Regulation; Governance - Law and Regulation; Information - Economics; Information and Competition - Policy; Classification and Governance - Policy. Appendices: Trading Systems; Definitions.