عنوان

Achieving market integration :

(Number (ISBN

0080493173

(Number (ISBN

0750657456

(Number (ISBN

1281014095

(Number (ISBN

6611014098

(Number (ISBN

9780080493176

(Number (ISBN

9780750657457

(Number (ISBN

9781281014092

(Number (ISBN

9786611014094

Number

b751703

Title Proper

Achieving market integration :

General Material Designation

[Book]

Other Title Information

best execution, fragmentation and the free flow of capital /

First Statement of Responsibility

Scott McCleskey.

Place of Publication, Distribution, etc.

Burlington :

Name of Publisher, Distributor, etc.

Butterworth-Heinemann,

Date of Publication, Distribution, etc.

2004.

Specific Material Designation and Extent of Item

1 online resource (xiv, 160 pages) :

Other Physical Details

illustrations.

Series Title

Global capital markets series

Text of Note

Includes bibliographical references (pages 154-156) and index.

Text of Note

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.

0

Text of Note

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.

Source for Acquisition/Subscription Address

Elsevier Science & Technology

Stock Number

95496:95495

Title

Achieving market integration.

International Standard Book Number

9780750657457

Money market-- Europe.

Securities-- Europe.

Money market.

Securities.

Europe.

7

Number

Edition

Class number

Book number

McCleskey, Scott.

Date of Transaction

20201204112337.0

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y