Revolution on Wall Street : The Rise and Fall of the New York Stock Exchange

Rottenberg, Dan, Blume, Marshall E., Siegel, Jeremy J.

ISBN 10: 0393035263 / ISBN 13: 9780393035261

Published by Norton & Company, Incorporated, W. W., 1993

Ships from the UK. Former library book; may include library markings. Used book that is in excellent condition. May show signs of wear or have minor defects. Seller Inventory # 10351230-6

Synopsis:

New kinds of trading in stock indexes, futures and options, and new markets threaten to make the New York Stock Exchange obsolete. Drawing upon access to the Exchange's archives, as well as on academic reasearch, this book explains how the Exchange lost its near monopoly on the securities market largely, the authors suggest, through its own shortsightedness. It shows how the Exchange misjudged the factors, such as the growth of institutional investing and computerized trading, that made it less attractive to investors. The result is a cautionary tale of how Wall Street sacrificed long-term growth for short-term profits.

Bibliographic Details

Title: Revolution on Wall Street : The Rise and ...
Publisher: Norton & Company, Incorporated, W. W.
Publication Date: 1993
Binding: Hardcover
Condition: Very Good
Edition: 1st.