English, Article, Journal or magazine article edition: Equity Trading Systems in Europe - A survey of recent changes FOUCAULT, Thierry; DEMARCHI, Marianne

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/23331
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Equity Trading Systems in Europe - A survey of recent changes
Author
  • FOUCAULT, Thierry
  • DEMARCHI, Marianne
Physical Description
  • preprint
Notes
  • This paper provides a survey of recent changes in the market microstructure of the 5 largest European Stock Exchanges. We first provide a brief statistical overview of European equity markets. Then we discuss how the introduction of the Investment Services Directive and the development of institutional trading have prompted European Stock Exchanges to modify their trading systems since 1994. We show that these exchanges have converged to a similar market organization. In this organization, trading takes place in an order-driven market but trading rules can vary according to the type of securities. We also describe the remaining differences between the trading systems, in particular with respect to the consolidation of the order flow and transparency.
  • trading systems; trading rules; market microstructure; European equity markets
  • RePEc:ebg:heccah:0663
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment