The purpose of this research is to provide readers with a comprehensive understanding of equity capital markets, including securities exchanges, specialists, market makers, electronic communication networks (ECNs), and the related technology & data service providers. This research is part of Tiburon's broader coverage of individual securities (capital markets).

Historical Phases

This research addresses the key historical phases of equity capital markets, including:

  • Early Phase
  • Middle Phase
  • Recent Phase

Market Segments

This research defines distinct markets segments of equity capital markets, including:

  • Financial Futures
  • Stock Market & Individual Stock Options
  • Foreign Exchange & Currencies

Industry Players

This research outlines the key industry players within equity capital markets, including:

  • Securities Exchanges
  • Specialists
  • Market Makers
  • Electronic Communication Networks (ECNs)
  • Technology & Data Service Providers

Future Predictions

And this research makes several future predictions for equity capital markets, including:

  • Impact of Switch to T+1 Settlement
  • Impact of the Switch to Decilimization
  • Emergence of After-Hours Electronic Trading
  • Directed Brokerage & Soft Dollar Practices Under Attack
  • Leveraging Portfolios through Securities Lending
  • Technology Leading to Cost Reductions in Trade Execution