Abstract
There are basically two factors that foster financial market integration. First, policy-induced deregulation both at a national and at an international level, and second, technological change, i.e. the revolution in information technologies (Buch, 2000).
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Acknowledgement: The author is indebted to Friderich Heinemann for helpful comments and discussion and to Niles Nauhauser for research assistance. I also like to thank Johannes Schmoeckel for comments on an earlier draft of the paper.All remaining errirs ate my own.
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Schüler, M. (2003). Integration of the European Market for E-Finance — Evidence from Online Brokerage. In: Cecchini, P., Heinemann, F., Jopp, M. (eds) The Incomplete European Market for Financial Services. ZEW Economic Studies, vol 19. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57364-4_7
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