[PDF.92ej] The Economic Function of a Stock Exchange (Zicklin School of Business Financial Markets Series)

The Economic Function of a Stock Exchange (Zicklin School of Business Financial Markets Series)

[PDF.nr02] The Economic Function of a Stock Exchange (Zicklin School of Business Financial Markets Series)

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 |  2014-11-21 |  2014-11-21 | File type: PDF

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||From the Back Cover||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,

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 mark...

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