000 02827nam a22004695i 4500
001 978-0-387-29910-5
003 DE-He213
005 20161121230855.0
007 cr nn 008mamaa
008 100301s2006 xxu| s |||| 0|eng d
020 _a9780387299105
_9978-0-387-29910-5
024 7 _a10.1007/0-387-29910-6
_2doi
050 4 _aHG1-HG9999
072 7 _aKFF
_2bicssc
072 7 _aBUS027000
_2bisacsh
082 0 4 _a332
_223
245 1 0 _aElectronic vs. Floor Based Trading
_h[electronic resource] /
_cedited by Robert A. Schwartz, John Aidan Byrne, Antoinette Colaninno.
264 1 _aBoston, MA :
_bSpringer US,
_c2006.
300 _aXVI, 176 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 Conference Series Baruch College
505 0 _aGetting 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.
520 _aHistorically, 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.
650 0 _aFinance.
650 0 _aScience.
650 1 4 _aFinance.
650 2 4 _aFinance, general.
650 2 4 _aScience, general.
700 1 _aSchwartz, Robert A.
_eeditor.
700 1 _aByrne, John Aidan.
_eeditor.
700 1 _aColaninno, Antoinette.
_eeditor.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9780387299099
830 0 _aZicklin School of Business Financial Markets Conference Series Baruch College
856 4 0 _uhttp://dx.doi.org/10.1007/0-387-29910-6
912 _aZDB-2-SBE
950 _aBusiness and Economics (Springer-11643)
999 _c505238
_d505238