Future of Financial Markets
Opis
This book provides a comprehensive review of the prospects for financial markets in the face of rapid technological development and international integration. It looks at the prospects for improving efficiency in securities markets, payments and settlement systems, and the custody of securities. It offers a revolutionary new approach, which uses modern technology to offer more choice as well as cheaper and faster service. It explores the challenges for regulators and uses a network economics approach to explain the failure of e-money to develop.