Automating the Price Discovery Process : Some International Comparisons and Regulatory Implications

Some International Comparisons and Regulatory Implications

Automating the Price Discovery Process : Some International Comparisons and Regulatory Implications
Automated trade execution systems are examined with respect to the degree to which they automate the price discovery process. Seven levels of automation of price discovery are identified, and 47 systems are classified according to these criteria. Systems operating at various levels of automation are compared with respect to age, geographical... READ MORE...

Publication date: October 1992
ISBN 9781451850253
$15.00

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