Ruben Lee Livres

Focusing on stock and futures exchanges, the book examines their operation, management, and governance within today's automated trading environment. It offers a thorough analysis of the laws and regulations that shape these exchanges and provides policy recommendations based on a multidisciplinary approach. Drawing from business, economics, law, and regulation, the author, Ruben Lee, combines expertise and analytical techniques to deliver insights into the complexities of trading systems.

The existence and nature of exchanges used not to be controversial; they were easily identified and characterized. New technology, however, has led to the development of new exchanges and trading systems, posing problems for those concerned with the regulation of trading markets. Ruben Lee examines the question of what an exchange is, using arguments from both financial economics and law, and sets out a view of how exchanges might be regulated.