Big bang — again

T. Kippenberger
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Abstract

Chronicles that the shift to electronic trading in financial and capital markets is likened to the ‘Big bang’. Pinpoints that both the UK and the USA (as a result of a mixture of changing regulations and new technology) securities markets began online basic trading in 1986, although Japan did this in early 1982. Concludes changes occurring in a switch to electronic trading, business‐to‐consumer and business‐to‐business, could appear daunting — but some sectors of the economy have been here before.
再来一次大爆炸
编年史将金融和资本市场向电子交易的转变比作“大爆炸”。指出英国和美国(由于不断变化的法规和新技术的混合)证券市场在1986年开始在线基本交易,尽管日本在1982年初就这样做了。结论是,在转向电子交易、企业对消费者和企业对企业的过程中发生的变化可能看起来令人生畏,但一些经济部门以前就经历过这种情况。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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