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Erschienen in:
1989 | OriginalPaper | Buchkapitel
London’s ‘Big Bang’ and its World-wide Implications
verfasst von : Sir Martin Jacomb
Erschienen in: BIEC Yearbook 1989–1990
Verlag: Macmillan Education UK
Enthalten in: Professional Book Archive
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The coincidence of a precipitous slide in world equity markets, which began recently with the first anniversary of London’s ‘Big Bang’, makes this scarcely the ideal moment for a dispassionate verdict on the liberalisation of London’s financial markets. In another sense, however, it is an advantage to have our new trading systems tested by these unprecedented conditions; at least we already know they are capable of withstanding this incredibly severe test.