Étiqueté : exchanges

Discussion Paper Series 2018 #05: The Lyon Stock Exchange: The Survival of the Fittest (1866-1914)

In this paper, the authors look back at the XIX century France to shed light on effect of competition in the stock exchange industry. During the XIX century the Paris financial centre plays a central role in the French financial markets. Nevertheless, six organized regional exchanges do exist along all the second half of the century.