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  1. 1 Pavlat V.

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On the Changing Structure of the World Financial Markets

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Pavlat V.
Studia Ekonomiczne
|
2013
|
vol. 170
11-20
EN
The paper presents selected long-term structural changes of world financial markets: 1. Shifts of location /visible in all segments/; 2. Shifts of on-exchange to OTC relation /different within sub-segments; a general tendency towards OTC/. 3. Shifts of product structure /different: for example, a growing role of futures in FD markets/. 4. growth of internationalization /all segments/. Driving forces:1. technology; 2.´financialization´ of economics; 3.regulation.
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