By
Herbie Skeete, Herbie Skeete is a well-known figure in the financial information industry having spent 26 years at Reuters. Mr. Skeete runs the exchange
information publisher Mondo Visione Ltd, edits the industry-standard
Handbook of World, Stock, Derivative and Commodity Exchanges,
and operates the exchange information exchange-handbook.com.
Description
In May 2007, an extraordinary meeting took place in London's The Exchange Forum. Chief executives from many of the world's most important
financial exchanges came together with senior executives from a wide array of global banking, trading, and investing firms, index providers,
regulators, system suppliers, and key academics to discuss the rapidly changing business and technological environment in which exchanges
function. The forum was an exclusive event, open only to the most senior-level individuals in the global exchanges community: those who
run exchanges, who are clients of exchanges, who invest in exchanges, and who supply goods and services to exchanges.
In presentations
and panel discussions over two days, these experts explored the effect of shrinking margins as more instruments became exchange traded
rather than OTC and the conflicts that creates. They shared what exchanges are doing today to respond to the challenges wrought by competition,
globalization, and rapid technology advances. And they looked into the future and discussed the multi-asset, multi-currency, and multi-region
trading that holds out the promise of future success.
The book is based on the discussion and analysis that took place at this
exclusive event that brought together leading exchange professionals, their customers, and suppliers from around the globe to share insights
and experiences. It will provide an overview of the latest technological, regulatory, and market developments in the exchange industry
and the common problems exchanges face; explain how these problems are being addressed; and present the consensus view from leading
exchange professionals about how to move forward. Most significant, the ideas in the book will come directly from the worlds leading
exchange professionals and customers.
Audience:
Finance professionals in investment banking (34,000 analysts), and in the securities and commodities industry (93,000 analysts and managers),
exchange managers, staff, and members worldwide, providers of exchange services such as brokerage firms and market data vendors, users
of exchange services such as banking, energy and agribusiness companies, pension, mutual, and hedge fund managers.
