Standard setting and competition in securities settlement

This paper examines the impact of messaging and technical standards on competition in the supply of se-curities transaction management services. Two simple switching cost models are used to clarify the im-pact of standards on barriers to entry and on the incentives to adopt harmonised and simplified securities processing standards. Policy implications are discussed briefly.

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Year of publication:	2005-10-11
Authors:	Milne, Alistair
Institutions:	Suomen Pankki
Subject:	securities settlement \| standards \| inter-operability \| switching costs

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Extent:	application/pdf
Series:	Research Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series Research Discussion Papers The price is Available online only Number 23/2005 34 pages
Classification:	L15 - Information and Product Quality; Standardization and Compatibility ; L86 - Information and Internet Services; Computer Software
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005423710