Anyone reading the business section of a newspaper lately knows that the financial exchanges are undergoing tremendous transformations. In "Electronic Exchanges: The Global Transformation from Pits to Bits", authors Michael Gorham and Nidhi Singh chronicle the shifts that have occurred in the financial exchanges business, and analyze them to identify the drivers behind this phenomenon. They identify implications arising out of these changes, and explore key trends, including the integration of markets from all over the world onto a single screen, the rise of the modular exchange, and the outsourcing of various exchange functions. As old ways of working are being destroyed, entirely new types of jobs and ways of working with exchanges are Michael Gorham being created. "Electronic Exchanges: The Global Transformation from Pits to Bits" will help readers evaluate in a totally new light.

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