1st Edition

The Digitalization of Financial Markets
The Socioeconomic Impact of Financial Technologies

  • Available for pre-order. Item will ship after October 13, 2021
ISBN 9780367558345
October 13, 2021 Forthcoming by Routledge
232 Pages 10 B/W Illustrations

USD $160.00

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Book Description

The book provides deep insight into theoretical and empirical evidence on information and communication technologies (ICT) as an important factor affecting financial markets. It is focused on the impact of ICT on stock markets, bond markets, and other categories of financial markets, with the additional focus on the linked FinTech services and financial institutions. Financial markets shaped by the adoption of the new technologies are labelled ‘digital financial markets’.

With a wide-ranging perspective at both the local and global levels from countries at varying degrees of economic development, this book addresses an important gap in the extant literature concerning the role of ICT on the financial markets. The consequences of these processes had until now rarely been considered in a broader economic and social context, particularly when the impact of FinTech services on financial markets is taken into account. The book’s theoretical discussions, empirical evidence and compilation of different views and perspectives make it a valuable and complex reference work.

The principal audience of the book will be scholars in the fields of finance and economics. The book also targets professionals in the financial industry who are directly or indirectly linked to the new technologies on the financial markets, in particular various types of FinTech services.

Table of Contents

    Part 1. Digitalization of capital markets. 1. The impact of information and communication technologies on the equity market 2. European Financial Institution Physical Geolocation and the High-Frequency Trading Potential 3. Necessity of Digitalization in the Capital Market of Developing Countries in Current Pandemic Situation: The Case of Bangladesh 4. Information and communication technologies versus diffusion and substitution of financial innovations. The case of exchange-traded funds in Japan and South Korea. Part 2. FinTech: selected issues. 5. FinTechs, BigTechs and structural changes in capital markets 6. Critical success factors for FinTech 7. Systemizing the impact of fintechs on the efficiency and inclusive growth of banks’ services: A literature review Part 3. Digitalization of financial institutions. 8. The prospect of cryptocurrencies becoming money. 9. Employing artificial intelligence in investment management 10. Challenger bank as a new digital form of providing financial services to retail customers in the EU Internal Market: The case of Revolut

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    Adam Marszk is Assistant Professor at the Faculty of Management and Economics at Gdańsk University of Technology, Poland.

    Ewa Lechman is Professor of Economics at the Faculty of Management and Economics at Gdańsk University of Technology, Poland.