1.

Record Nr.

UNINA9910747599503321

Autore

Schwartz Robert A

Titolo

Liquidity : how to find it, regulate it, get it / / Robert A. Schwartz, John Aidan Byrne, Eileen Stempel, editors

Pubbl/distr/stampa

Cham : , : Springer International Publishing AG, , 2023

©2023

ISBN

3-031-36914-9

Edizione

[1st ed.]

Descrizione fisica

1 online resource (x, 100 pages) : illustrations (chiefly color)

Collana

Zicklin School of Business Financial Markets Series

Altri autori (Persone)

ByrneJohn Aidan

StempelEileen

Disciplina

332

Soggetti

Liquidity (Economics)

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. Indexing, ETFs and Robos - Are Stocks an Endangered Species? 2. How Technology is Transforming Liquidity Provision 3. Liquidity A Fluid Concept from a European View 4. What Can Be Done to Drive Mid- and Small-Cap Liquidity? 5. New Approaches for Creating Liquidity 6. Fireside Chat: Michael S. Piwowar, U.S. Securities & Exchange Commission

Sommario/riassunto

In market structure, we tend to be equity focused, but one of the challenges is liquidity creation. This book examines liquidity creation and regulation. Based on the Baruch College Financial Markets Conference, Liquidity: How to Find it, Regulate it, Get it, this book examines the following questions: Where does liquidity come from? How should liquidity be supplied? What is needed when creating a new platform to provide an environment of liquidity? How do you prepare for liquidity provision concerning market investors, regulatory infrastructure, and technical infrastructure? How do you create liquidity in different asset classes? What is the role of the alternative trading system (ATS) structure within the exchange regulatory framework? What global trends are affecting liquidity creation? Also covered are the popularity of indexing, exchange-traded funds (ETFs) and Robo-advisers (Robos); how technology is transforming liquidity provision, mid and small-cap liquidity provision and new approaches to liquidity creation. An interview with Former Commissioner of the U.S. Securities



and Exchange Commission, Michael S. Piwowar is also featured. The Zicklin School of Business Financial Markets Series presents the insights emerging from a sequence of conferences hosted by the Zicklin School at Baruch College for industry professionals, regulators, and scholars. Much more than historical documents, the transcripts from the conferences are edited for clarity, perspective and context; material and comments from subsequent interviews with the panellists and speakers are integrated for a complete thematic presentation. Each book is focused on a well delineated topic, but all deliver broader insights into the quality and efficiency of the U.S. equity markets and the dynamic forces changing them.