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The economics of the global stock exchange industry /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The economics of the global stock exchange industry // Josanco Floreani and Maurizio Polato, Department of Economics, University of Udine, Italy.
Author:	Floreani, Josanco,
other author:	Polato, Maurizio,
Description:	1 online resource.
Subject:	Securities industry. -
Online resource:	http://www.palgraveconnect.com/doifinder/10.1057/9781137321831
ISBN:	1137321830 (electronic bk.)

The economics of the global stock exchange industry /
Floreani, Josanco,1972-

The economics of the global stock exchange industry /Josanco Floreani and Maurizio Polato, Department of Economics, University of Udine, Italy. - 1 online resource.

1.Securities Industry and Exchange Industry: Organization and Value Chain -- 2.The Exchange Industry: An Overview -- 3.Securities Industry Regulation: Implications for Exchanges' Performances -- 4.The Governance of Securities Exchanges: New Insights -- 5.The Economics of Exchanges -- 6.A Risk-Adjusted Model for Performance Measurement -- 7.The Economics of the Exchange Industry: An Empirical Overview.

"Securities exchanges play a significant role in macroeconomics. They engage in the allocation process, which assures that savings are allocated to the most profitable investment opportunities. But what are the forces driving the supply side, namely, the services offered by exchanges? It is not just a matter of market microstructure and the rules governing the price discovery. Rather, it embraces a much wider perspective involving the balance of interests of multiple stakeholders, the competitive strategies of exchanges and other platform operators and the impact of regulation. This book provides an economic analysis of the stock exchange industry. It draws on theories from micro- and industrial economics to provide a detailed analysis of the industry structure, the strategic behaviour of key participants and a methodological framework for assessing the performance of stock exchanges. It provides an overview of the factors driving the consolidation of the industry, and examines the implications of ongoing changes in the regulatory environment. It investigates the functioning of securities exchanges and other trading platforms as firms, assuming an industrial organization perspective and focusing on the competitive behaviour of exchanges, regulation and governance arrangements and their impact on the structure of the industry. "--

ISBN: 1137321830 (electronic bk.)

Source: 662801Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

1005671
Securities industry.
Index Terms--Genre/Form:

554714
Electronic books.

LC Class. No.: HG4551 / .F526 2013

Dewey Class. No.: 332.64/2

The economics of the global stock exchange industry /
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100 1 $a Floreani, Josanco, $d 1972- $e author. $3 1005669
245 1 4 $a The economics of the global stock exchange industry / $c Josanco Floreani and Maurizio Polato, Department of Economics, University of Udine, Italy.
264 1 $a Houndmills, Basingstoke, Hampshire : $b Palgrave Macmillan, $c [2013]
300 $a 1 online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
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505 0 $a 1.Securities Industry and Exchange Industry: Organization and Value Chain -- 2.The Exchange Industry: An Overview -- 3.Securities Industry Regulation: Implications for Exchanges' Performances -- 4.The Governance of Securities Exchanges: New Insights -- 5.The Economics of Exchanges -- 6.A Risk-Adjusted Model for Performance Measurement -- 7.The Economics of the Exchange Industry: An Empirical Overview.
520 $a "Securities exchanges play a significant role in macroeconomics. They engage in the allocation process, which assures that savings are allocated to the most profitable investment opportunities. But what are the forces driving the supply side, namely, the services offered by exchanges? It is not just a matter of market microstructure and the rules governing the price discovery. Rather, it embraces a much wider perspective involving the balance of interests of multiple stakeholders, the competitive strategies of exchanges and other platform operators and the impact of regulation. This book provides an economic analysis of the stock exchange industry. It draws on theories from micro- and industrial economics to provide a detailed analysis of the industry structure, the strategic behaviour of key participants and a methodological framework for assessing the performance of stock exchanges. It provides an overview of the factors driving the consolidation of the industry, and examines the implications of ongoing changes in the regulatory environment. It investigates the functioning of securities exchanges and other trading platforms as firms, assuming an industrial organization perspective and focusing on the competitive behaviour of exchanges, regulation and governance arrangements and their impact on the structure of the industry. "-- $c Provided by publisher.
588 $a Description based on print version record.
650 0 $a Securities industry. $3 1005671
650 0 $a Securities. $3 558592
650 0 $a Stock exchanges $x Law and legislation. $3 1005672
650 0 $a Stock exchanges. $3 556703
650 7 $a BUSINESS & ECONOMICS / Economics / Microeconomics. $2 bisacsh $3 834563
650 7 $a BUSINESS & ECONOMICS / Finance. $2 bisacsh $3 834498
650 7 $a Finance and Accounting $2 eflch $3 1004875
650 7 $a International finance $3 575802
650 7 $a Microeconomics $2 bicssc $3 1005673
650 7 $a Stocks & shares $2 bicssc $3 1005241
655 4 $a Electronic books. $2 local $3 554714
700 1 $a Polato, Maurizio, $d 1964- $3 1005670
856 4 0 $3 Palgrave Connect $u http://www.palgraveconnect.com/doifinder/10.1057/9781137321831