Capital market revolution

Today, a whole industry is shifting from the physical to the virtual, and no one person or party's place in the trading chain is now assured. After the Capital Market Revolution there will be no floor, no fixed exchange and nowhere to hide from the rallying cries of emarkets:

• Liquidity!
  
• Accessibility!
  
• Transparency!

"it is good advice to read the foreword on most books written about Exchanges - and forget the rest. Not so with Capital Market Revolution. It is bang up to date, prescient and ruthless. No broker, trader or exchange official will fall asleep over this book - he will lie awake - worrying." - Brian Williamson, Executive Chairman, LIFFE

"A fascinating book, crammed full of stories about exchanges snatching defeat from the laws of victory, CEOs failing to take the precaution of mincing their words before being forced to eat them, and the inbred conservatism of large parts of the derivatives industry. There are salutary lessons here for all those that think change is to be feared rather than welcomed." - Lynton Jones, Chief Executive, IPE

"This narrative of the struggle for change
being played out in today's financial markets
is both compelling and accurate. There's no
telling what lies beyond. If ever there was a
time of threat to the old money and a time of
opportunity for new money, this is it. Viva
Patrick Young!"
- Phil Bruce, Managing Director, Strategy and
Planning, London Clearing House.

"Capital Market Revolution is simply compelling reading" - Mike Stiller, Director, Global Direct Dealing, former Deputy Chairman of LIFFE

"Patrick Young, [is] one of today's visionaries and realists concerning the future of the global finance industry." - Lisa Benjamin, Swiss Derivatives Review

"Capital Market Revolution is the most entertaining treatment of a very real revolution. No one near a screen can afford to miss it." - Rory Collins, Ex Director of Information Systems, Australian Stock Exchange Ltd, Chairman of Internet Brokers, Sanford Securities