Achieving market integration : best ...
McCleskey, Scott.

 

  • Achieving market integration : best execution, fragmentation and the free flow of capital
  • 紀錄類型: 書目-語言資料,印刷品 : 單行本
    副題名: best execution, fragmentation and the free flow of capital
    作者: McCleskeyScott.,
    其他團體作者: ScienceDirect (Online service)
    出版地: Oxford
    出版者: Butterworth-Heinemann;
    出版年: 2004.
    面頁冊數: xiv, 160 p.ill. : 24 cm.;
    標題: Money market - Europe. -
    標題: Securities - Europe. -
    標題: Electronic books. -
    電子資源: http://www.loc.gov/catdir/enhancements/fy0627/2005357178-d.html
    電子資源: http://www.loc.gov/catdir/enhancements/fy0627/2005357178-d.html
    電子資源: http://www.loc.gov/catdir/enhancements/fy0627/2005357178-d.html
    附註: Electronic reproduction. Amsterdam : Elsevier Science & Technology, 2008.
    摘要註: Best execution, market integration, and other major financial market issues have traditionally been dealt with as separate matters requiring individual solutions. In Achieving Market Integration the author demonstrates the interrelated nature of these and other imperative problems, and sensibly reduces them to their common fundamental principles. Beginning with an in-depth examination of best execution in today's multiple-market environment, the book moves logically into an examination of market structure and the problems of achieving genuine integration. The book makes the case that order interaction is fundamental to addressing each of these issues, and develops a unified regulatory approach to achieve true market integration based on intermarket linkages and a cross-market best execution policy. This unique approach culminates in a coherent set of policy recommendations and an innovative framework for assessing the effectiveness of future policy proposals. *The first book on this important subject for the finance community *Explains the aims and proposes solutions to the difficulties of establishing a stock market that integrates the diverse national exchanges around Europe *Provides a discussion point for those lobbying the European Commission on formulating regulation for an integrated European capital market.
    ISBN: 0750657456
    內容註: Best Execution: Is this regulation necessary?; Fundamental issues; Putting it together- Elements of a sound best execution policy; Comparing approaches; A legal approach; Technological considerations; Market Integration: Liquidity, Market Fragmentation and Price Formation; Fragmentation and Concentration; Clearing and Settlement; Old Solutions to New Problems- Historical Attempts to Integrate Markets; Making Integration Work- The European Case; Making Market Integration Work: State vs. Market- Who regulates the integrated market?; Conclusions.
多媒體
評論
Export
取書館別
 
 
修改密碼
登入