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001 978-1-4614-5592-9
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005 20200420211747.0
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008 121205s2013 xxu| s |||| 0|eng d
020 _a9781461455929
_9978-1-4614-5592-9
024 7 _a10.1007/978-1-4614-5592-9
_2doi
050 4 _aHF4999.2-6182
050 4 _aHD28-70
072 7 _aKJ
_2bicssc
072 7 _aBUS042000
_2bisacsh
082 0 4 _a650
_223
245 1 4 _aThe Quality of Our Financial Markets
_h[electronic resource] :
_bTaking Stock of Where We Stand /
_cedited by Robert A. Schwartz, John Aidan Byrne, Gretchen Schnee.
264 1 _aNew York, NY :
_bSpringer New York :
_bImprint: Springer,
_c2013.
300 _aXIV, 90 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aZicklin School of Business Financial Markets Series
505 0 _aQuality of Our Financial Markets -- High Frequency Trading: Friend or Foe? -- Mid-Day Address -- May 6: Lessons Learned and Questions Raised -- The Needs of the Buyside: How Well are They Being Met? -- New Technology: What Does it Bring to the Table? -- Closing Address.
520 _aThe structure and operations of the US equity markets have evolved dramatically in recent decades with the advent of major technology and regulatory changes.  Nothing short of a groundbreaking shift has occurred in the securities industry as the transition has been made from predominantly manual, human intermediated trading to predominantly electronic trading.  By many measures, commission, spreads and market impact costs have been dramatically reduced in recent years. But does that mean that market quality has improved? That is the key question addressed in this book, titled after the Baruch College Conference, The Quality of Our Financial Markets: Taking Stock of Where We Stand.  Featuring contributions from a distinguished panel of practitioners, academicians, and regulators, this volume offers a penetrating and timely account of the most current issues in market quality, covering such topics as high-frequency trading; the Flash Crash of May 6th, 2010; dark pools; lit pools; fragmentation; disruptive and advanced technologies. And, very significantly, it takes a close look at the impact and influence of regulation. The Zicklin School of Business Financial Markets Series presents the insights emerging from a sequence of conferences hosted by the Zicklin School at Baruch College for industry professionals, regulators, and scholars. Much more than historical documents, the transcripts from the conferences are edited for clarity, perspective and context; material and comments from subsequent interviews with the panelists and speakers are integrated for a complete thematic presentation. Each book is focused on a well delineated topic, but all deliver broader insights into the quality and efficiency of the U.S. equity markets and the dynamic forces changing them.
650 0 _aBusiness.
650 0 _aManagement science.
650 0 _aInformation technology.
650 0 _aBusiness
_xData processing.
650 0 _aFinance.
650 1 4 _aBusiness and Management.
650 2 4 _aBusiness and Management, general.
650 2 4 _aIT in Business.
650 2 4 _aFinance, general.
700 1 _aSchwartz, Robert A.
_eeditor.
700 1 _aByrne, John Aidan.
_eeditor.
700 1 _aSchnee, Gretchen.
_eeditor.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9781461455912
830 0 _aZicklin School of Business Financial Markets Series
856 4 0 _uhttp://dx.doi.org/10.1007/978-1-4614-5592-9
912 _aZDB-2-SBE
942 _cEBK
999 _c51015
_d51015