Automating the Price Discovery Process : Some International Comparisons and Regulatory Implications /

Automated trade execution systems are examined with respect to the degree to which they automate the price discovery process. Seven levels of automation of price discovery are identified, and 47 systems are classified according to these criteria. Systems operating at various levels of automation are...

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Detalles Bibliográficos
Autor principal: Domowitz, Ian
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1992.
Colección:IMF Working Papers; Working Paper ; No. 1992/080
Acceso en línea:Full text available on IMF