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What is an Exchange?Automation, Management, and Regulation of Financial Markets$
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Ruben Lee

Print publication date: 2000

Print ISBN-13: 9780198297048

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198297048.001.0001

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Information: Law and Regulation

Information: Law and Regulation

(p.140) 8 Information: Law and Regulation
What is an Exchange?

Ruben Lee

Oxford University Press

This chapter discusses six key branches of law and regulation that are important for the dissemination of price and quote information in various jurisdictions. They govern, respectively, copyright, a new sui generis right in databases, misappropriation, confidentiality, competition, and the securities markets. Rather than attempting to provide a definitive exegesis of any of these branches of law and regulation for one, let alone all, jurisdictions, key elements are selected and discussed.

Keywords:   exchanges, law, regulation, copyright, sui generis right, misappropriation, confidentiality, competition, securities markets

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