Information Technology and Securities Market

Author: Liu Wei
Publisher:
Publish Date: 2005-07-01
Features: Based on a comparative study of the development of securities e-commerce in the United States and countries in the Asia-Pacific region, this book further explores and researches the current status and strategy of securities e-commerce in China. Additionally, the book provides a detailed introduction and study on the development history of alternative trading systems, their positive and negative impacts on the securities market, as well as the major alternative trading systems in the United States. On this basis, it discusses the possibility and necessity of developing alternative trading systems in China. The book examines the impact of information technology on the business models of securities firms, its influence on stock exchanges, and its effects on other micro-participants in the market. Technological advancements, particularly the development and application of information technology, have led to a transformation in the growth of securities firms—from quantitative change to qualitative change. This book is a monograph independently completed by the author after three years of meticulous research. Using a unique perspective, it studies the impact of information technology on the securities market and represents one of the few monographic achievements in this field within China.