Financial Markets

  1. Secondary Equity Markets
    1. Stock Exchanges
      1. Listing Requirements
        1. Financial Standards
          1. Corporate Governance Requirements
            1. Ongoing Compliance
            2. Trading Mechanisms
              1. Auction Systems
                1. Market Makers
                  1. Specialist Systems
                  2. Major Global Exchanges
                    1. New York Stock Exchange
                      1. NASDAQ
                        1. London Stock Exchange
                          1. Tokyo Stock Exchange
                        2. Alternative Trading Systems
                          1. Electronic Communication Networks
                            1. Order Matching Systems
                              1. Dark Pools
                              2. Crossing Networks
                                1. Block Trading Systems
                                  1. Institutional Trading Focus
                                2. Market Structure Evolution
                                  1. Decimalization Impact
                                    1. High-Frequency Trading
                                      1. Market Fragmentation
                                        1. Best Execution Requirements

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                                      5. Primary Equity Markets

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                                      7. Stock Market Indices