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- W2074408022 abstract "On June 4, 1975, the Securities Act Amendment was passed into law mandating the future of securities trading: there would be one central market for the trade of all stocks and bonds - a single national market system.Although numerous proposals on the criteria for participation, the rules of trading and other similar problems were put forth, little effort was directed towards systematically evaluating the results of suggested alternatives. TRADE4 is an initial attempt at providing a framework for such an analysis: it is a model of a trading system.With the joint cooperation of the IBM New York Securities Branch Office and the New York Stock Exchange, the model was developed in the form of a computer program written in APL/SV (an interactive language supported by IBM)." @default.
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- W2074408022 date "1979-12-03" @default.
- W2074408022 modified "2023-09-23" @default.
- W2074408022 title "Simulating a central securities market" @default.
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- W2074408022 doi "https://doi.org/10.5555/800089.802861" @default.
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