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Capital Markets 2.0 – New Requirements for the Financial Manager?

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Abstract

Capital markets have evolved from geographically dispersed asset specific investor- and trading communities to international, partially integrated networks of transaction partners across multiple asset classes (Capital Markets 2.0). This new environment is characterized by a set of changes, which creates new opportunities as well as challenges for the financial manager. The chapter selects three of the typical dynamics in Capital Markets 2.0 and discusses their implications on typical decisions to be made by financial managers.

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Notes

  1. 1.

    Perridon et al. (2009), pp. 161–162.

  2. 2.

    Eiteman et al. (2010), p. 365 et seq.

  3. 3.

    Eiteman et al. (2010), p. 367.

  4. 4.

    Chen et al. (1997), 28, p. 565.

  5. 5.

    Eitemann et al. (2010), p. 410.

  6. 6.

    Deutsche Börse Group 2007.

  7. 7.

    Fabozzi et al. (2007), p. 127.

  8. 8.

    Gomber and Schweickert (2002), Xetra Research, 3.

  9. 9.

    Dobbs and Goedhart (2008), p. 18.

  10. 10.

    Dobbs and Goedhart (2008), pp. 18–23.

  11. 11.

    Taken from http://deutsche-boerse.com/dbag/dispatch/en/kir/gdb_navigation/investor_relations/10_The_Company/70_Aims_and_Outlook/25_Regulatory_Environment.

  12. 12.

    Taken from http://deutsche-boerse.com/dbag/dispatch/en/kir/gdb_navigation/investor_relations/10_The_Company/70_Aims_and_Outlook/25_Regulatory_Environment.

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Author information

Authors and Affiliations

  1. Market Data & Analytics, Deutsche Börse AG, Frankfurt, Germany

    Holger Wohlenberg

  2. Product Development, STOXX Ltd, Zürich, Switzerland

    Jan-Carl Plagge

Authors
  1. Holger Wohlenberg
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  2. Jan-Carl Plagge
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Correspondence to Holger Wohlenberg .

Editor information

Editors and Affiliations

  1. und Recht i. Gr., EBS Business School, EBS Universität für Wirtschaft, Gustav-Stresemann-Ring 3, Wiesbaden, 65189, Germany

    Ulrich Hommel

  2. EquityGate Advisors GmbH, Mainzer Str. 19, Wiesbaden, 65185, Germany

    Michael Fabich

  3. EquityGate Advisors GmbH, Mainzer Str. 19, Wiesbaden, 65185, Germany

    Ervin Schellenberg

  4. Ackeranlagen 7, Schwäbisch Hall, 74523, Germany

    Lutz Firnkorn

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Wohlenberg, H., Plagge, JC. (2011). Capital Markets 2.0 – New Requirements for the Financial Manager?. In: Hommel, U., Fabich, M., Schellenberg, E., Firnkorn, L. (eds) The Strategic CFO. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-04349-9_7

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  • DOI: https://doi.org/10.1007/978-3-642-04349-9_7

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  • Online ISBN: 978-3-642-04349-9

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