Electronic exchanges the global transformation from pits to bits / [electronic resource] :
Michael Gorham, Nidhi Singh.
- Amsterdam : [Chicago] : Elsevier ; Stuart School of Business, Center for Finacial Markets, c2009.
- 1 online resource (xiv, 338 p.) : ill.
- Elsevier and IIT Stuart Center for Financial Markets press .
- Elsevier and IIT Stuart Center for Financial Markets press (Series) .
Includes bibliographical references and index.
Exchanges: an unprecedented era of creative destruction -- Back story: What is an exchange? -- Transformation of Exchanges -- From private club to public company -- A new wave of product innovation -- From local to global competition -- From smaller to larger via mergers and acquisitions -- Integration of markets on a single screen -- Who is the exchange? The modular exchange and outsourcing -- Where is the exchange and regulatory challenges -- Implications of the transformation.