Electronic commerce and the revolution in financial markets

1. Electronic Commerce and the Organization of Markets: The Internet and the Digital Revolution Markets in the 21st Century: Functions and Institutions Disintermediation or Reintermediation? The Value Chain Model Reinventing the New Value Chain Portals. 2. Online Revolution: Online Trading Internet IPOs Online Brokers Boom in Online Finance Online Information Other Online Services Communication and Not Computation. 3. Towards a Digital Marketplace: Electronic Markets Investment Styles and Market Imperfections A Smart Trading System Intermediaries as Facilitators Online Research Digital Identification Virtual Transaction Systems. 4. Markets in a Nutshell: Rest of the World The US Markets Competition between Markets Double Auction Continuous and Periodic Trading Technology and the Evolution of Markets. 5. The New York Stock Exchange: Double Auction Order Book Continuous Trading and Call Auctions Technology and the NYSE Issues Competitive Pressures NYSE as a For-Profit Company. 6. The Nasdaq Market: A Brief Background Double Auction Continuous and Periodic Trading Role of Technology Collusion among Dealers, New Regulations Recent Developments Plans for the Future The Nasdaq-Amex Merger Web-based Services. 7. Market Liquidity: The Pan-European Market OM Group and OM Stockholm Exchange The Swiss Exchange Eurex EASDAQ The Australian Stock Exchange. 8. Electronic Communications Network: The US Fixed Income Markets Advances in Information Dissemination and Electronic Trading Electronic Markets for Fixed Income Securities. 9. Computerized Automated Trading Systems: Development Since the 1970s Liquidity Human Intervention Institutional Investors Upstairs Market Disintermediated Markets. 10. Overseas Markets: ATS and ECN Crossing Networks ECNs. 11. Fixed Income Markets: Instinet The Arizona Stock Exchange The OptiMark System Tradepoint, Primex, MarketXT. 12. Unconventional Financial Markets: Electricity Markets Catastrophe Insurance Markets The Iowa Electronic Market The Hollywood Stock Exchange. 13. Emerging Technologies for Electronic Markets: Electronic Trading Networks Web-Based Development Tools Java for Electronic Markets Technology Convergence Secure Transactions Distributed Computing and Trading Systems Concurrent Processing and Synchronization Synchronous Communication Fault Tolerance. 14. Creative Destruction: Reality Check Technology Issues Privacy and Marketing over the Internet Personalization Fraud Online Chat Policy Issues A User-Friendly Net Computer Glitches Online Security.