Achieving market integration : best execution, fragmentation and the free flow of capital /

Best execution, market integration, and other major financial market issues have traditionally been dealt with as separate matters requiring individual solutions. In Achieving Market Integration the author demonstrates the interrelated nature of these and other imperative problems, and sensibly redu...

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Bibliographic Details
Main Author: McCleskey, Scott
Corporate Author: ScienceDirect (Online service)
Format: eBook
Language:English
Language Notes:English.
Published: Oxford ; Burlington : Butterworth-Heinemann, 2004.
Series:Global capital markets series.
Subjects:
Online Access:Connect to the full text of this electronic book
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.