Transparencia Y Principio De Mejor Ejecución (Transparency and the Best Execution Principle)

42 Pages Posted: 2 Apr 2019

See all articles by Enrique Alonso Alonso

Enrique Alonso Alonso

Comisión Nacional de Mercado de Valores

Galo Juan Sastre Corchado

Comisión Nacional de Mercado de Valores

Date Written: 2003

Abstract

This paper examines some of the determining factors for market transparency and efficiency in the light of the changes taking place on European securities markets, particularly the surge in competition between traditional exchanges, the emergence of alternative trading systems that rival with them for business, and the internationalisation of orders under way at investment firms.

Note: Downloadable Document is in Spanish.

Suggested Citation

Alonso, Enrique Alonso and Corchado, Galo Juan Sastre, Transparencia Y Principio De Mejor Ejecución (Transparency and the Best Execution Principle) (2003). CNMV Working Paper No. 2.2003, Available at SSRN: https://ssrn.com/abstract=3364545 or http://dx.doi.org/10.2139/ssrn.3364545

Enrique Alonso Alonso (Contact Author)

Comisión Nacional de Mercado de Valores

Edison, 4
Madrid, 28006
Spain

Galo Juan Sastre Corchado

Comisión Nacional de Mercado de Valores

Edison, 4
Madrid, 28006
Spain

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