Over the last forty years, rising national income has helped reduce poverty rates, but this has been accompanied by an increase in economic inequality. While these trends are largely attributed to technological change and demographic shifts, such as changing birth rates, labor force patterns,...

The Call Auction Alternative -- The Broad Perspective -- View From a Market Maker -- Alternative Call Auction Designs -- Darwinism vs. Protectionism In the US Equity Markets; the Case for Real Competition -- View from a Derivatives Exchange -- Integrating Call and Continuous Trading -- A Call...