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Table of Contents - Pg. vii
Contents Acknowledgments 1 AnEraofCreativeDestruction Introduction Trading:SimpleConcept,ComplexProcess TheBirthofExchanges OpenOutcryTrading TheClearingandSettlementProcess Equities Derivatives TechnologyandItsImpactonFinancialMarkets TheDecadethatChangedtheFinancialWorld TheFirstElectronicMarket ElectronicCommunicationNetworksandU.S.EquityMarkets TechnologyAdvancesintheFinancialIndustry Outsourcing TheTransformationofExchanges:BasicThemes xiii 1 1 2 3 5 7 9 9 10 12 13 14 15 20 21
