@article{oai:shiga-u.repo.nii.ac.jp:00008207, author = {二上, 季代司}, issue = {第390号}, journal = {彦根論叢}, month = {Dec}, note = {Departmental Bulletin Paper, In 1975, U.S. brokerages switched from fixed commission to negotiated one. After that, negotiated commission regime has disseminated over some other countries including Japan. As a result, securities businesses have transformed in their economical functions and their revenues. This paper discusses the roles or functions of securities firms and their transformation after 1975 negotiated commission regime in U.S., 彦根論叢, 第390号, pp. 134-147, The Hikone Ronso, No.390, pp. 134-147}, pages = {134--147}, title = {証券業の経済的機能とその変化}, year = {2011} }