The birth of the capital market revolution is difficult to locate precisely, but for many traders the first signs of change surfaced in German bond futures. Open outcry had survived every innovation in history, but time had finally caught up with it. The revolution had begun. Today, a whole industry is shifting from the physical world to the virtual, and no one person or party's place in the trading chain is now assured. After the capital market revolution there will be no floor, no fixed exchange and nowhere to hide from the rallying cries of e-markets: liquidity! accessibility! transparency!
"synopsis" may belong to another edition of this title.
Patrick Young is Editor of Applied Derivatives Trading, the Internet magazine.
"About this title" may belong to another edition of this title.
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