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Abstract–The Stock Market: Some Considerations of Its Future Structure

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  • Mendelson, Morris

Abstract

The goal of American stock market reform is the establishment of a central market in which public orders are executed at the best price obtainable in an environment of competitive market makers. Among the measures needed to achieve this are: a consolidated tape, a consolidated quotation system, and competitive commission rates.

Suggested Citation

  • Mendelson, Morris, 1974. "Abstract–The Stock Market: Some Considerations of Its Future Structure," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 9(5), pages 829-829, November.
  • Handle: RePEc:cup:jfinqa:v:9:y:1974:i:05:p:829-829_02
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