Chapter

The Changing Market Place Between the Wars

Ranald C. Michie

in The London Stock Exchange

Published in print April 2001 | ISBN: 9780199242559
Published online November 2003 | e-ISBN: 9780191596643 | DOI: http://dx.doi.org/10.1093/0199242550.003.0007
 The Changing Market Place Between the Wars

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As a successor to the previous chapter, which looked at organizational change in the London Stock Exchange between the two World Wars, this one looks at the changing market place over the same period. The first part of the chapter discusses competition from British provincial stock exchanges, from international arbitrage, and from North American and continental banks. The second part looks at the money market, and the last looks at the capital (securities) market and reduced international market.

Keywords: arbitrage; Britain; capital market; change; competition; continental banks; economic history; First World War; history; international arbitrage; international market; London Stock Exchange; money market; North American banks; organization; provincial stock exchanges; securities market

Chapter.  25484 words.  Illustrated.

Subjects: Economic History

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