Degryse, H.; Achter, M. Van; Wuts, G. - In: Competition and Regulation in Network Industries 7 (2006) 4, pp. 453-470
In the past two decades, Alternative Trading Systems (ATSs) started to compete with traditional exchanges. Our paper focuses on one such system: a Crossing Network (CN). First, we discuss the distinct institutional aspects a CN offers compared to traditional markets. Next, we present an overview...