Competition between Stock Exchanges: A Survey

FAME Research Paper No. 77

45 Pages Posted: 16 Jul 2003

Date Written: February 2003

Abstract

This paper offers a systematized and updated view of competition between exchanges. It is divided in two parts: In the first part, we describe the recent reforms in stock exchanges and the main forces driving the development of competition. The second part surveys research done on stock exchanges.

Keywords: Stock Exchanges, Reforms, ECNs, Mergers, Demutualization, Cross-Listing

JEL Classification: G15, G29

Suggested Citation

Ramos, Sofia Brito, Competition between Stock Exchanges: A Survey (February 2003). FAME Research Paper No. 77. Available at SSRN: https://ssrn.com/abstract=410727 or http://dx.doi.org/10.2139/ssrn.410727

Sofia Brito Ramos (Contact Author)

ESSEC ( email )

3 Avenue Bernard Hirsch
CS 50105 CERGY
CERGY, CERGY PONTOISE CEDEX 95021
France

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