IDEAS home Printed from https://ideas.repec.org/p/zbw/bofrdp/rdp2001_024.html
   My bibliography  Save this paper

Securities market ATSs concepts, their roles and related policy issues

Author

Listed:
  • Korhonen, Kari

Abstract

The aim of this paper is to clarify the concept of alternative trading systems (ATS) and to present an interpretation of their role in the securities markets.The discussion focuses on trading venues related to debt instruments and equities.Geographically, the American and European markets are the focus of interest.In brief, the primary aim of the paper is to demystify ATSs.Secondly, the paper analyses general policy issues raised by ATSs and concludes with an analysis of selected issues related to the Investment Services Directive.The main sources available on the subject are reports published by market participant lead associations, regulators or international organisations.As in all fields of the 'new economy', the most up-to-date information sources are publications issued by operators themselves.Moreover, the use of news articles (often online publications) has been deemed appropriate in this context.

Suggested Citation

  • Korhonen, Kari, 2001. "Securities market ATSs concepts, their roles and related policy issues," Bank of Finland Research Discussion Papers 24/2001, Bank of Finland.
    • Handle: RePEc:zbw:bofrdp:rdp2001_024
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/211902/1/bof-rdp2001-024.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:bofrdp:rdp2001_024. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/bofgvfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.