Equity Markets in Transition: The Value Chain, Price Discovery, Regulation, and Beyond Francioni, Reto and A. Schwartz Robert
Language: English
Published by Springer, 2017
- Hardcover
- Used
Seller: BUCHSERVICE / ANTIQUARIAT Lars Lutzer, Wahlstedt, GermanyBUCHSERVICE / ANTIQUARIAT Lars Lutzer
AbeBooks seller since July 14, 2011
Condition: Used - Very good
£ 247.23
Quantity: 1 available
Add to basketItem description from seller
Equity Markets in Transition: The Value Chain, Price Discovery, Regulation, and Beyond In deutscher Sprache. pages.
Seller Inventory # BN504315
- Title
- Equity Markets in Transition: The Value Chain, Price Discovery, Regulation, and Beyond Francioni, Reto and A. Schwartz Robert
- Author
- Francioni, Reto and A. Schwartz Robert
- Publisher
- Springer
- Publication year
- 2017
- Condition
- gut
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 3319458469
- ISBN 13
- 9783319458465
- Edition
- 2017.
- Item weight
- 2,000 grams
This book underscores the complexity of the equity markets, the challenges they face, and the fact that they are still a work in process. Three interacting forces drive market change: competition, technology change, and regulatory change. The markets have one major objective in particular to achieve: the delivery of accurate price discovery for both traders and the broader market. Are we getting it? Are competition, technology, and regulation acting together to improve market quality, or are they adding to the complexity of the markets and making accurate price discovery harder to achieve? The difficulty of addressing these issues and reaching a consensus regarding public policy is reflected in the diverse opinions expressed in this book.
From an institutional perspective, the volume’s contributors highlight the interconnectedness of all aspects of the internal and external environment within which exchange organizations act. Equity Markets inTransition underscores how technological evolution and recent regulatory changes have influenced the business, and how these developments have opened new possibilities for exchange organizations and for equity markets as a whole, including such issues as the impact of equity markets on job creation.
The book combines both a theoretical and a practical approach. Part I presents a theoretical overview of the international equity market business, including an overall description of the value chain of stock trading that includes deep dives on every decisive step. Part II contains contributions from various business specialists who have specific practical and academic knowledge of the different steps. Equity Markets in Transition represents a unique combination of theoretical and practical analysis that offers first-hand insights on all relevant interactions and interrelations among the various parts of the exchange business, with an emphasis on facilitating analysis of the status quo and of emerging trends regarding business models, regulation, and the development of the competitor, customer and investor sides.
"Synopsis" may belong to another edition of this title.
About the Author
Reto Francioni has been a professor of applied capital markets theory at the University of Basel since 2006. Since 2013, he has been a member of the Board of Directors of UBS Group and since June 2016, he is Chairman of the Supervisory Board of Swiss International Airline as well as Senior Independent Director of the Coca-Cola HBC AG.
Reto Francioni was CEO of Deutsche Börse AG from 2005 to May 2015. From 2002 to 2005, he was Chairman of the Supervisory Board and President of the SWX Group (Stock Exchange of Switzerland). Reto Francioni was co-CEO and Spokesman for the Board of Directors of Consors AG from 2000 to 2002. Between 1993 and 2000, he held various management positions at Deutsche Börse AG, including that of Deputy CEO. From 1992 to 1993, he served in the corporate finance division of Hoffmann-La Roche as a member of the Directorate. Prior to this, he was on the executive board of Association Tripartite Bourses and worked, from 1985 to 1988, for the former Credit Suisse. Reto Francioni started his career in 1981 in the commerce division of Union Bank of Switzerland. He studied and earned his doctorate in law at the University of Zurich.
Robert A. Schwartz is the Marvin M. Speiser Professor of Finance and University Distinguished Professor in the Zicklin School of Business, Baruch College, CUNY. Before joining the Baruch faculty in 1997, he was Professor of Finance and Economics and Yamaichi Faculty Fellow at New York University's Leonard N. Stern School of Business, where he had been a member of the faculty since 1965. In 1966, Professor Schwartz received his Ph.D. in Economics from Columbia University. His research is in the area of financial economics, with a primary focus on the structure of securities markets. He has published dozens of refereed journal articles, twelve edited books, and eight authored books, including Micro Markets: A Market Structure Approach to Microeconomic Analysis (Wiley & Sons, 2010); Mastering the Art of Equity Trading Through Simulation: The TraderEx Course (co-authored with Gregory Sipress and Bruce Weber,Wiley & Sons, 2010); The Equity Trader Course (co-authored with Reto Francioni and Bruce Weber, Wiley & Sons, 2006); and Equity Markets in Action: The Fundamentals of Liquidity, Market Structure and Trading (co-authored with Reto Francioni, Wiley & Sons, 2004). He has served as a consultant to various market centers, including the New York Stock Exchange, the American Stock Exchange, Nasdaq, the London Stock Exchange, Instinet, the Arizona Stock Exchange, Deutsche Börse, the Bolsa Mexicana and the Istanbul Stock Exchange. From April 1983 to April 1988, he was an associate editor of The Journal of Finance, and he is currently an associate editor of the Review of Quantitative Finance and Accounting and the Review of Pacific Basin Financial Markets and Policies, and is a member of the advisory boards of International Finance, The Journal of Trading and on the editorial board of International Journal of Portfolio Analysis & Management (IJPAM). In December 1995, Professor Schwartz was named the first chairman of Nasdaq's Economic Advisory Board, and he served on the EAB until Spring 1999. He is developer, with Bruce Weber and Greg Sipress, of the trading and market structure simulation, TraderEx. In 2009, Schwartz was named the first recipient of the World Federation of Exchanges’ annual Award for Excellence.
"About the title" may belong to another edition of this title.
BUCHSERVICE / ANTIQUARIAT Lars Lutzer
Wahlstedt, Germany
AbeBooks seller since July 14, 2011
Shipping rates from Germany to U.S.A.
| Item | 9 to 29 business days | 8 to 19 business days |
|---|---|---|
| First item | £ 34.26 | £ 42.83 |
Payment methods
- Bank Wire Transfer
- Check
- Invoice
- Paypal
Store description
ANTIQUARIAT *** LITERATUR RECHERCHE *** BUCHSERVICE *** ANTIQUARISCHE SUCHE Sollten Sie auf der Suche nach einem (ggf.raren/vergriffenen) Fachbuch sein, nutzen Sie einfach unseren persönlichen Service rund ums Buch. Wir besorgen jedes lieferbare Buch schnellstmöglich (sowie CDs, Kassetten, Spiele, Fortsetzungen, Fachzeitschriften etc.) und lösen auch anspruchsvollere Aufgaben - testen Sie uns! Für Kunden, die nach bestimmten Buchtiteln suchen, bieten wir einen unverbindlichen und kostenlosen Recherche-Service. Dank unserer guten Vernetzung kann unser Buchservice oft selbst solche Bücher aufspüren, die auf dem Markt bereits seit langem vergriffen sind. ANTIQUARIAT *** LITERATUR RECHERCHE *** BUCHSERVICE *** ANTIQUARISCHE SUCHE Impressum: BuchService Lars Lutzer - Einzelunternehmung -Alte Landstr. 39- 23812 Wahlstedt- TEL: +49 (0) 176 / 63887918 Web: https://LLU-BUCHSERVICE.de Email: L.LUTZER(AT)LLU-BUCHSERVICE(PUNKT)DE , UID: DE277819159…
Seller's business information
BUCHSERVICE / ANTIQUARIAT Lars Lutzer
Germany
Terms of sale
Legal notice:
Antiquarian BookService Lars Lutzer - Sole proprietor - Address: Lars Lutzer -Alte Landstr. 39- 23812 Wahlstedt Deutschland /Germany - Phone +49 (0) 176 / 63887918 - Email: L.LUTZER(AT)LLU-BUCHSERVICE(PUNKT)DE - Web: https://LLU-BUCHSERVICE.de , UID /VAT: DE277819159.
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to BUCHSERVICE / ANTIQUARIAT Lars Lutzer, Wahlstedt, Germany, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.
Shipping terms
Widerrufsrecht für Verbraucher
Verbrauchern steht ein Widerrufsrecht nach folgender Maßgabe zu, wobei Verbraucher jede natürliche Person ist, die ein Rechtsgeschäft zu Zwecken abschließt, die überwiegend weder ihrer gewerblichen noch ihrer selbständigen beruflichen Tätigkeit zugerechnet werden können:
Widerrufsbelehrung
Widerrufsrecht
Sie haben das Recht, binnen vierzehn Tagen ohne Angabe von Gründen diesen Vertrag zu widerrufen. Die Widerrufsfrist beträgt vierzehn Tage ab dem Tag an dem Sie oder ein von Ihnen benannter Dritter, der nicht Beförderer ist, die Waren in Besitz genommen haben bzw. hat.
Um Ihr Widerrufsrecht auszuüben, müssen Sie uns: Lars Lutzer - Einzelunternehmer - Alte Landstr. 39- 23812 Wahlstedt, Deutschland /Germany- Email: l.lutzer(AT)llu-buchservice(PUNKT)de , TEL: +49 (0) 176 / 63887918 - Web: https://LLU-BUCHSERVICE.de - UID: DE277819159 mittels einer eindeutigen Erklärung (z.B. ein mit der Post versandter Brief, Telefax oder E-Mail) über Ihren Entschluss, diesen Vertrag zu widerrufen, informieren. Sie können dafür das beigefügte Muster-Widerrufsformular verwenden, das jedoch nicht vorgeschrieben ist.
Zur Wahrung der Widerrufsfrist reicht es aus, dass Sie die Mitteilung über die Ausübung des Widerrufsrechts vor Ablauf der Widerrufsfrist absenden.
Folgen des Widerrufs
Wenn Sie diesen Vertrag widerrufen, haben wir Ihnen alle Zahlungen, die wir von Ihnen erhalten haben, einschließlich der Lieferkosten (mit Ausnahme der zusätzlichen Kosten, die sich daraus ergeben, dass Sie eine andere Art der Lieferung als die von uns angebotene, günstigste Standardlieferung gewählt haben), unverzüglich und spätestens binnen vierzehn Tagen ab dem Tag zurückzuzahlen, an dem die Mitteilung über Ihren Widerruf dieses Vertrags bei uns eingegangen ist. Für diese Rückzahlung verwenden wir dasselbe Zahlungsmittel, das Sie bei der ursprünglichen Transaktion eingesetzt haben, es sei denn, mit Ihnen wurde ausdrücklich etwas anderes vereinbart; in keinem Fall werden Ihnen wegen dieser Rückzahlung Entgelte berechnet.
Wir können die Rückzahlung verweigern, bis wir die Waren wieder zurückerhalten haben oder bis Sie den Nachweis erbracht haben, dass Sie die Waren zurückgesandt haben, je nachdem, welches der frühere Zeitpunkt ist.
Sie haben die Waren unverzüglich und in jedem Fall spätestens binnen vierzehn Tagen ab dem Tag, an dem Sie uns über den Widerruf dieses Vertrags unterrichten, an uns zurückzusenden oder zu übergeben. Die Frist ist gewahrt, wenn Sie die Waren vor Ablauf der Frist von vierzehn Tagen absenden. Sie tragen die unmittelbaren Kosten der Rücksendung der Waren.
Sie müssen für einen etwaigen Wertverlust der Waren nur aufkommen, wenn dieser Wertverlust auf einen zur Prüfung der Beschaffenheit, Eigenschaften und Funktionsweise der Waren nicht notwendigen Umgang mit ihnen zurückzuführen ist.
Die Europäische Kommission stellt eine Plattform zur Online-Streitbeilegung (OS) bereit, die Sie hier finden: http://ec.europa.eu/consumers/odr