Notice bibliographique
- Notice
Type(s) de contenu et mode(s) de consultation : Texte noté : électronique
Titre(s) : Electronic vs. floor based trading [Texte électronique] / edited by Robert A. Schwartz, John Aidan Byrne, Antoinette Colaninno
Publication : New York, NY : Springer, cop. 2006
Description matérielle : 1 online resource (xvi, 175 pages)
Collection : Zicklin School of Business financial markets conference series, Baruch College, CUNY
Note(s) : Includes bibliographical references and index. - Print version record.
Historically, specialists and other floor brokers, in direct contact on the trading
floor, have been at the heart of operations at the national U.S. equity exchanges.
At the other end of the spectrum, electronic trading platforms have characterized
most other equity markets globally for many years. Recent developments at the NYSE
have moved in this direction, but fundamental questions effecting market quality remain.
Can the unique services offered by the floor be provided as effectively in an electronic
environment? Which environment would institutional and retail traders each find most
suitable to their special needs? Which environment offers better price and quantity
discovery? These are some of the questions that are addressed in this book, while
providing perspective on the future direction that exchange market structure is likely
to follow in the coming years
Autre(s) auteur(s) : Schwartz, Robert Alan (1937-....). Fonction indéterminée
Byrne, John Aidan. Fonction indéterminée
Colaninno, Antoinette. Fonction indéterminée
Autre(s) forme(s) du titre :
- Autre forme du titre : Electronic versus floor based trading
Sujet(s) : Bourse -- Réseaux d'ordinateurs
Actions de sociétés
Bourse sur Internet
Identifiants, prix et caractéristiques : ISBN 9780387299105
Identifiant de la notice : ark:/12148/cb44642074x
Notice n° :
FRBNF44642074
(notice reprise d'un réservoir extérieur)
Table des matières : List of Participants ; Conference Sponsors ; Preface ; Getting the Trades Made ; Increasing Returns by Decreasing Trading Costs ; Operations of a Floor Broker ; Achieving Best Execution Through Market Structure Development ; Electronic Trading ; Hybrid Markets ; Electronic and Floor-Based Trading: The NYSE Hybrid Market ; The Economic Value of a Trading Floor: Evidence from the American Stock Exchange ; Participant Biographies ; Index.