| 000 | 00965cam a2200157 4500500 | ||
|---|---|---|---|
| 005 | 20250112052240.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aServal, Thomas _eauthor |
| 245 | 0 | 0 | _aWhen Networks Become Stock Exchanges |
| 260 | _c2001. | ||
| 500 | _a85 | ||
| 520 | _aCreated by the Securities Exchange Commission ( SEC ), Electronic Communication Networks ( ECN ) were designed as alternative trading systems to bypass the monopoly of the market makers on NASDAQ. ECNS allow investors to execute orders directly, with more discretionary power and theoretically at a lower cost. ECNS can be understood as a first step towards a global decentralized marketplace and the sign of a convergence between stock markets and financial information networks. Classification JEL: G14, G15 | ||
| 786 | 0 | _nRevue économique | 52 | 7 | 2001-12-31 | p. 249-265 | 0035-2764 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-economique-2001-7-page-249?lang=en |
| 999 |
_c205614 _d205614 |
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