Unregulated Markets

Fabrizio Plateroti

Chapter 8 in Italian Banking and Financial Law, 2015, pp 197-211 from Palgrave Macmillan

Abstract: Abstract Technological innovation has made significant changes in the structure and the organization of markets. On one hand, we have seen a rapid change in the traditional exchange venues; from the dealing rooms on the floors of the Stock Exchanges we moved to virtual environments where today’s IT systems allow computerized trading by financial instruments. But on the other, the effects of technological innovation have become apparent on the competitive side; the use of IT systems for the management of trading orders has encouraged the rise of trading venues other than traditional stock exchanges, such as unregulated markets.

Keywords: Regulate Market; Financial Instrument; Inside Trading; Legislative Framework; Investment Firm (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1057/9781137507563_8

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