Electronic Communications Networks in China.
Date Submitted: 09/10/2006 01:59:28
ELECTRONIC COMMUNICATIONS NETWORKS (ECNs) as they are popularly known are well-established trading platforms in the United States (USA). A New York Times article reports that electronic trading is one in four transactions made by individual investors in USA. The goal of ECN's is to cut out intermediaries between buyers and sellers in stock transactions. "Today, ECNs account for approximately 30% of total share volume and 40% of the dollar volume traded in Nasdaq securities. ECNs account for
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
and access over 480,000 just like this GET BETTER GRADES
them if they are perceived to function at cross-purposes with the Central government's policies.
CONCLUSIONS
It is still early in China's transition to clearly forecast whether privately run ECNs will evolve or not in China.
WORKS CITED
1. http://www.sec.gov/news/studies/ecnafter.htm
2. http://daytrading.about.com/od/exchangesecns/
3. http://www.inuvut.cn/diamonds/basic_search.jsp
4. http://www.blogginwallstreet.com/2005/04/reality-of-investing-in-china.htm
5. http://www.lexpress.mu/display_article_sup.php?news_id=47869
Need a custom written paper? Let our professional writers save your time.