MARC details
000 -LEADER |
fixed length control field |
02876naaaa2200397uu 4500 |
003 - CONTROL NUMBER IDENTIFIER |
control field |
oapen |
005 - DATE AND TIME OF LATEST TRANSACTION |
control field |
20230315171616.0 |
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS |
fixed length control field |
m o d |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION |
fixed length control field |
cr|mn|---annan |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
fixed length control field |
202202s2022 x |||||o ||| eng|| d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9781003095354-5 |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9780367558406 |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9780367558345 |
040 ## - CATALOGING SOURCE |
Original cataloging agency |
oapen |
Transcribing agency |
oapen |
041 0# - LANGUAGE CODE |
Language code of text/sound track or separate title |
eng |
080 ## - UNIVERSAL DECIMAL CLASSIFICATION NUMBER |
Universal Decimal Classification number |
336 |
100 1# - MAIN ENTRY--PERSONAL NAME |
Personal name |
Harasim, Janina |
Relationship |
auth |
245 10 - TITLE STATEMENT |
Title |
Chapter 5 FinTechs, BigTechs and structural changes in capital markets |
260 ## - PUBLICATION, DISTRIBUTION, ETC. |
Name of publisher, distributor, etc. |
Taylor & Francis |
Date of publication, distribution, etc. |
2022 |
300 ## - PHYSICAL DESCRIPTION |
Extent |
1 electronic resource (21 p.) |
336 ## - CONTENT TYPE |
Content type term |
text |
Content type code |
txt |
Source |
rdacontent |
337 ## - MEDIA TYPE |
Media type term |
computer |
Media type code |
c |
Source |
rdamedia |
338 ## - CARRIER TYPE |
Carrier type term |
online resource |
Carrier type code |
cr |
Source |
rdacarrier |
506 0# - RESTRICTIONS ON ACCESS NOTE |
Terms governing access |
Open Access |
Source of term |
star |
Standardized terminology for access restriction |
Unrestricted online access |
520 ## - SUMMARY, ETC. |
Summary, etc. |
This chapter aims at exploring some theoretical issues associated with the impact of technology companies on the market structure in the financial industry with the special focus on capital markets. Based on the industrial organization theory, as well as on an extensive literature review, research to date, and industry reports, the attempt was made to identify main structural changes resulting from FinTech's activity in this market segment. It was found that, in contrast to the banking sector, BigTechs are not interested in entering into capital markets. This can be explained by complexity of investment services and weak synergies between them and non-financial services offered by technology giants. As a result, digitalization in capital markets is driven rather from inside and supported by FinTechs. In the stock market, the development of high-frequency trading resulted in the increasing centralization of trade that neither facilitated market access nor eliminated the market asymmetry. Nonetheless, FinTech solutions allowed reductions in transaction costs and increase in short-term market efficiency. In the asset management and mutual funds industry digital platforms, developed mostly by incumbents, by lowering transaction costs and reducing communication frictions made investing easier and cheaper for individuals, however their decisions became more speculative. |
540 ## - TERMS GOVERNING USE AND REPRODUCTION NOTE |
Terms governing use and reproduction |
Creative Commons |
Use and reproduction rights |
https://creativecommons.org/licenses/by-nc-nd/4.0/ |
Source of term |
cc |
546 ## - LANGUAGE NOTE |
Language note |
English |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Экономическое развитие |
9 (RLIN) |
4454 |
653 ## - INDEX TERM--UNCONTROLLED |
Uncontrolled term |
Банковское дело |
653 ## - INDEX TERM--UNCONTROLLED |
Uncontrolled term |
Макроэкономика |
773 10 - HOST ITEM ENTRY |
Title |
The Digitalization of Financial Markets |
Control subfield |
nnaa |
Other item identifier |
OAPEN Library UUID: 9b47960a-f182-4557-808a-3578ee68ce99 |
856 40 - ELECTRONIC LOCATION AND ACCESS |
Host name |
www.oapen.org |
Uniform Resource Identifier |
<a href="https://library.oapen.org/bitstream/id/f4359287-6c74-4568-a108-8c8c928eb6b4/9780367558345_10.4324_9781003095354_5.pdf">https://library.oapen.org/bitstream/id/f4359287-6c74-4568-a108-8c8c928eb6b4/9780367558345_10.4324_9781003095354_5.pdf</a> |
Access status |
0 |
Public note |
Download |
856 40 - ELECTRONIC LOCATION AND ACCESS |
Host name |
www.oapen.org |
Uniform Resource Identifier |
<a href="https://library.oapen.org/handle/20.500.12657/52929">https://library.oapen.org/handle/20.500.12657/52929</a> |
Access status |
0 |
Public note |
Description |
909 ## - Составили записи |
-- |
255 |
-- |
Robiyakhon Olimjonova |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Source of classification or shelving scheme |
Универсальная десятичная классификация |
Koha item type |
Electronic edition |