E-Book Overview
The Financial Markets of the Future is concerned with e-business as it applies to financial institutions who operate within these markets. It presents a strategic overview of the impact and implications of technology in these markets. The model identifies two primary inter-related technological causes of change and the elegance and simplicity of the model and format provide a means to evaluate developments in the financial markets. Aimed at all high level financial practitioners evaluating the application of e-business and in particularly to banks on the sell-side in their capacities as securities dealers.
E-Book Content
The Electronic Financial Markets of the Future and survival strategies of the broker-dealers Lauren Liebenberg THE ELECTRONIC FINANCIAL MARKETS OF THE FUTURE The information contained in this work is based on sources believed to be credible and reliable. It does not seek to provide either professional or strategic advice. The opinions are the author’s own, and in no way reflect the views or strategies of the author’s employers. THE ELECTRONIC FINANCIAL MARKETS OF THE FUTURE and survival strategies of the broker-dealers LAUREN LIEBENBERG © Lauren Liebenberg 2002 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1T 4LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted her right to be identified as