Title :
Adoption of electronic options trading at the ISE
Author_Institution :
London Bus. Sch., UK
Abstract :
US brokerage firms have shown strong interest in a new alternative for trading of equity options since the 26 May 2000 launch of the International Securities Exchange (ISE), an all-electronic trading platform. Although the collective impact of these adoption decisions led to a successful launch and a formidable competitor to the four established options markets in the US, major brokerage firms differ widely in their usage and adoption rates.
Keywords :
electronic trading; management of change; securities trading; technology transfer; ISE; International Securities Exchange; all-electronic trading platform; brokerage firms; electronic options trading adoption; Automation; Consumer electronics; Costs; History; Information technology; Internet; Management information systems; Security; Springs; Stock markets;
Journal_Title :
IT Professional
DOI :
10.1109/MITP.2003.1216229
