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Market concentration of brokerage services: a place for minority participants

Link for download: Market concentration of brokerage services: a place for minority participants.docx

Authors: Oleg Mikhailovich Skapenker

Annotation: The article analyzes the reasons for the historical concentration of the brokerage services market in banks. Confirming the objectivity of such concentration, the author considers the possibility of applying reduced requirements to single brokers with a truncated range of services as a measure to increase competition.

Keywords: Broker, Bank, Stock market, Financial intermediation, Stock exchange, Depository


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