In recent years, exchanges on both sides of the Atlantic have been extensively reengineered, and their organizational structures have changed from non-profit, membership organizations to for-profit, demutualized organizations. Concurrently, new alternative trading systems have emerged and the traditional functions of broker/dealer firms have evolved. How have these changes affected the delivery of that mission? How has the efficiency of capital raising in the IPO market been impacted? These are among the key questions ...

The Economic Function of a Stock Exchange 2016, Springer

ISBN-13: 9783319361048

Softcover Reprint of the Origi edition

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The Economic Function of a Stock Exchange 2014, Springer

ISBN-13: 9783319103495

2015 edition

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