{"title":"证券交易的未来","authors":"Ruben Lee","doi":"10.1353/PFS.2002.0012","DOIUrl":null,"url":null,"abstract":"This paper examines the future of securities exchanges. It seeks both to extrapolate logical conclusions from current trends and to provide a virtual bully pulpit to ensure that all is for the best in the best of all possible futures. Four broad themes relating to securities exchanges are discussed: information, industry structure, governance, and politics. In each area, some predictions are made, and then comments are provided on why the predictions will come to pass and on some of their commercial and regulatory implications.","PeriodicalId":124672,"journal":{"name":"Brookings-Wharton Papers on Financial Services","volume":"49 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2002-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"67","resultStr":"{\"title\":\"The Future of Securities Exchanges\",\"authors\":\"Ruben Lee\",\"doi\":\"10.1353/PFS.2002.0012\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper examines the future of securities exchanges. It seeks both to extrapolate logical conclusions from current trends and to provide a virtual bully pulpit to ensure that all is for the best in the best of all possible futures. Four broad themes relating to securities exchanges are discussed: information, industry structure, governance, and politics. In each area, some predictions are made, and then comments are provided on why the predictions will come to pass and on some of their commercial and regulatory implications.\",\"PeriodicalId\":124672,\"journal\":{\"name\":\"Brookings-Wharton Papers on Financial Services\",\"volume\":\"49 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2002-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"67\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Brookings-Wharton Papers on Financial Services\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1353/PFS.2002.0012\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Brookings-Wharton Papers on Financial Services","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1353/PFS.2002.0012","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
This paper examines the future of securities exchanges. It seeks both to extrapolate logical conclusions from current trends and to provide a virtual bully pulpit to ensure that all is for the best in the best of all possible futures. Four broad themes relating to securities exchanges are discussed: information, industry structure, governance, and politics. In each area, some predictions are made, and then comments are provided on why the predictions will come to pass and on some of their commercial and regulatory implications.