Carrot and Stick – The EU's Response to New Securities Trading Systems
Major developments like globalisation, technological progress and institutionalisation have influenced and changed today's world. In capital markets they have stirred the emergence of new securities trading systems called ATS which offer investors platforms to trade securities. These new systems provided considerable challenges for regulators. The major concerns raised in connection with ATS were that their existence led to market fragmentation, that transparency was impaired, that access to the systems could either be unfairly denied or be granted too easily, that they could facilitate market abuses, and that their stability could be an issue.
Year of publication: |
2006
|
---|---|
Authors: | Christoph, Kumpan |
Published in: |
European Company and Financial Law Review. - De Gruyter. - Vol. 3.2006, 4, p. 383-407
|
Publisher: |
De Gruyter |
Saved in:
Online Resource
Saved in favorites
Similar items by person