Корично изображение Електронен

Competition among exchanges and enforcement policy

"In this paper, we explore how competition among stock exchanges, operated as self-regulatory organizations (SROs), affects the design of their members' surveillance. We develop a model where two for-profit SROs compete for trading volume, while brokers execute transactions on behalf of th...

Пълно описание

Основни автори: Caglio, Cecilia, (Author), Pescatori, Andrea, (Author)
Формат: Електронен
Език: English
Публикувано: [Washington, D.C.] : International Monetary Fund, ℗♭2013.
Серия: IMF working paper ; WP/13/37.
Предмети:
Онлайн достъп: http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=548054