*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
Table of Contents
- 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.
- No. of pages: 176
- Language: English
- Copyright: © Butterworth-Heinemann 2003
- Published: November 26, 2003
- Imprint: Butterworth-Heinemann
- eBook ISBN: 9780080493176
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