
eBook - ePub
Electronic Exchanges
The Global Transformation from Pits to Bits
- 352 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
About this book
Anyone reading the business section of a newspaper lately knows that the financial exchanges--stock, bonds, FX, commodities, and so forth--are undergoing tremendous transformations. Fund managers, market makers, traders, exchange professionals, marekt data providers and analyzers, investors--anyone involved with the financial exchanges needs to understand the major forces pushing this transformation in order to position themselves and their institutions to the best advantage.In this book, veteran exchange expert Michael Gorham joins his twenty-five years of experience with CME and CBOT to the technical expertise of Nidhi Singh of Goldman Sachs to write a book that tells the story of this dramatic transformation. They chronicle the shift:--from floors to screens--from private clubs to public companies, and--from local and national to global competition.They analyze each of these shifts, identify the drivers behind them and look forward to the implications arising out of them for exchange business in the future. They also explore several key trends:--an increase in product innovation--the integration of markets from all over the world onto a single screen,--the rise of the modular exchange--the outsourcing of various exchange functions, and--the difficulty of transcending geography for regulatory purposes.So join Gorham and Singh in learning the story of this fundamental transformation. As old ways of working are being destroyed, entirely new types of jobs are being created, and new ways of working with exchanges. This book will help you chart the way forward to financial success.
- Gorham is an exchange expert and Singh is an electronic trading expert, they combine their expertise to reveal the inner workings of the exchanges and where they will go in the future
- Only book to point to new skills needed and new ways of making money for users of exchange services
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Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Electronic Exchanges by Michael Gorham,Nidhi Singh in PDF and/or ePUB format, as well as other popular books in Ciencia de la computación & Inversiones y valores. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover image
- Table of Contents
- Copyright Page
- Dedications
- Acknowledgments
- 1. An Era of Creative Destruction
- 2. From Floor to Screen: The Electronic Pioneers
- 3. Floor to Screen: The Second Wave
- 4. Floors to Screens: Nuts and Bolts
- 5. From Private Club to Public Company
- 6. From National to Global Competition
- 7. Smaller to Larger: Through Organic Growth and M&A
- 8. A New Wave of Product Innovation
- 9. Building Modular Exchanges via Partnerships and Outsourcing
- 10. Regulators: Leadership and Reaction
- 11. Electronic Exchanges and Trading: Benefits
- 12. Electronic Exchanges and Trading: Challenges
- 13. The Future of Financial Markets
- Appendix AAbbreviations Used
- Appendix BTechnology Terminology
- Appendix CMarkets Glossary
- Index