International opportunities for the use of information systems in securities trading created by deregulation of the London Stock Exchange

Abstract

Big Bang, the deregulation of the London Stock Exchange in October of 1986, was accompanied by changed industry structure, altered regulatory environment, and new trading practices. In particular, trading was automated, and the floor of the Exchange was rapidly abandoned. Such massive discontinuities have produced opportunities in other industries. Although they may prove temporary, opportunities are arising to seek competitive advantage in London. Given the information‐intensive nature of securities trading, and the great differences in resources and experience with technology enjoyed by different firms, many of these advantages will entail the use of information technology.

Citation

Clemons, E.K. and Adams, J.T. (1988), "International opportunities for the use of information systems in securities trading created by deregulation of the London Stock Exchange", Office Technology and People, Vol. 4 No. 4, pp. 271-284. https://doi.org/10.1108/eb022666