@article{Prospects:875,
      recid = {875},
      author = {Gaa, Charles and Lumpkin, Stephen and Ogrodnick, Robert  and Thurlow, Peter},
      title = {The Future Prospects for National Financial Markets and  Trading Centres},
      publisher = {Bank of Canada},
      address = {2001},
      pages = {1 online resource (viii, 36 pages)},
      abstract = {This paper investigates the effects of the continuation of  globalization and technological developments on the future  of national-level financial markets and trading centres,  particularly in smaller countries such as Canada. We  foresee the development of a single global market in the  most-liquid assets based on equity-market linkages. Thus,  we see this global market being accessed by national-level  trading centres. Moreover, we see a remaining role for  national-level intermediated markets for less-liquid  products. This could pose some problems as the scale of the  latter could diminish over time.},
      url = {http://www.oar-rao.bank-banque-canada.ca/record/875},
      doi = {https://doi.org/10.34989/swp-2001-10},
}