Invitation to partial differential equations

Front Matter....Pages i-xvi
Front Matter....Pages 1-1
Introduction....Pages 3-5
From Localisation to Globalisation....Pages 6-22
Derived Effects....Pages 23-31
Networked Financial ‘Supermarkets’....Pages 32-43
eVolution of Market Structures....Pages 45-50
A Virtual Tour of the e-Markets of Today....Pages 51-86
Front Matter....Pages 87-87
Liquidity: The Rising Tide....Pages 89-109
Balance of Power and the Efficiency of the eXchange....Pages 110-122
Auction Systems....Pages 123-142
Strategic Response of the Traditional Exchanges: The Death of the Open-Outcry Pit....Pages 143-162
The Emergence of New Forms of Commodities and Risk....Pages 163-182
Front Matter....Pages 183-183
Strategic Response of the Broker-Dealers....Pages 185-194
The Quantum Leap in Action....Pages 195-216
Virtual Reality Bytes....Pages 217-220
The Net Strategic Impact of Technology on the Business of Securities Trading....Pages 221-249
Corporate Longevity....Pages 250-258
Back Matter....Pages 259-268