LEADER 06093nam  2201285 a 450 
001 9910807788703321
005 20200520144314.0
010   $a1-282-96456-9
010   $a9786612964565
010   $a1-4008-3697-2
024 7 $a10.1515/9781400836970
035   $a(CKB)2670000000067390
035   $a(EBL)664552
035   $a(OCoLC)707925225
035   $a(SSID)ssj0000472905
035   $a(PQKBManifestationID)11299806
035   $a(PQKBTitleCode)TC0000472905
035   $a(PQKBWorkID)10434570
035   $a(PQKB)11255204
035   $a(StDuBDS)EDZ0000406751
035   $a(MdBmJHUP)muse36687
035   $a(DE-B1597)446817
035   $a(OCoLC)979905232
035   $a(DE-B1597)9781400836970
035   $a(Au-PeEL)EBL664552
035   $a(CaPaEBR)ebr10443130
035   $a(CaONFJC)MIL296456
035   $a(PPN)152498788
035   $a(FR-PaCSA)88935185
035   $a(MiAaPQ)EBC664552
035   $a(EXLCZ)992670000000067390
100   $a20100701d2011      uy         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aRunning the world's markets $ethe governance of financial infrastructure /$fRuben Lee
205   $aCourse Book
210   $aPrinceton $cPrinceton University Press$d2011
215   $a1 online resource (471 p.)
300   $aDescription based upon print version of record.
311   $a0-691-13353-0 
320   $aIncludes bibliographical references and index.
327   $aDefinitions -- Market power -- The allocation of regulatory powers over securities markets -- Regulation and governance of market infrastructure institutions : global perspective -- Governance of market infrastructure institutions : a snapshot -- Exchanges -- CCPs and CSDs -- What is the most efficient governance structure? -- Who should regulate what? -- How should market infrastructure institution governance be regulated?.
330   $aThe efficiency, safety, and soundness of financial markets depend on the operation of core infrastructure--exchanges, central counter-parties, and central securities depositories. How these institutions are governed critically affects their performance. Yet, despite their importance, there is little certainty, still less a global consensus, about their governance. Running the World's Markets examines how markets are, and should be, run. Utilizing a wide variety of arguments and examples from throughout the world, Ruben Lee identifies and evaluates the similarities and differences between exchanges, central counter-parties, and central securities depositories. Drawing on knowledge and experience from various disciplines, including business, economics, finance, law, politics, and regulation, Lee employs a range of methodologies to tackle different goals. Conceptual analysis is used to examine theoretical issues, survey evidence to describe key aspects of how market infrastructure institutions are governed and regulated globally, and case studies to detail the particular situations and decisions at specific institutions. The combination of these approaches provides a unique and rich foundation for evaluating the complex issues raised. Lee analyzes efficient forms of governance, how regulatory powers should be allocated, and whether regulatory intervention in governance is desirable. He presents guidelines for identifying the optimal governance model for any market infrastructure institution within the context of its specific environment. Running the World's Markets provides a definitive and peerless reference for how to govern and regulate financial markets.
606   $aStock exchanges$xManagement
606   $aFinancial management
610   $aCanadian Depository for Securities.
610   $aClearstream International.
610   $aDepository Trust and Clearing Corporation.
610   $aDeutsche Brse.
610   $aEuroclear.
610   $aEuropean Central Counterparty Limited.
610   $aFinancial Sector Assessment Program.
610   $aHong Kong Exchanges and Clearing.
610   $aInternational Council of Securities Associations.
610   $aInternational Organization of Securities Commissions.
610   $aLCH.Clearnet.
610   $aLondon International Financial Futures and Options Exchange.
610   $aLondon Stock Exchange.
610   $aMurakami Fund.
610   $aNASDAQ.
610   $aNew York Stock Exchange.
610   $aOsaka Securities Exchange.
610   $aWorld Federation of Exchanges.
610   $aboard composition.
610   $acash equity markets.
610   $acentral counter-parties.
610   $acentral counterparties.
610   $acentral securities depositories.
610   $acentral securities.
610   $aclearing institutions.
610   $aexchanges.
610   $afair markets.
610   $afinancial markets.
610   $afinancial regulation.
610   $agovernance model.
610   $agovernance.
610   $aharmoniztion.
610   $aindustry structure.
610   $ainfrastructure institutions.
610   $ainfrastructure.
610   $ainvestor protection.
610   $ajurisdiction.
610   $ajurisdictions.
610   $amarket infrastructure institutions.
610   $amarket infrastructure.
610   $amarket power.
610   $aownership structure.
610   $aprofit mandate.
610   $aregulatory authority.
610   $aregulatory intervention.
610   $aregulatory power allocation.
610   $aregulatory powers.
610   $asecurities markets.
610   $asettlement entities.
610   $astandardization.
610   $asystemic risk reduction.
615  0$aStock exchanges$xManagement.
615  0$aFinancial management.
676   $a332.64
700   $aLee$b Ruben$01612032
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910807788703321
996   $aRunning the world's markets$93940582
997   $aUNINA