Late trading is the illegal practice of buying or selling mutual-fund shares at the trading day's price after the market has closed.
At the same time, it promised to keep the pits open until trading volume became insignificant, spruced up its electronic trading software, passed out 250 handhelds to traders, opened a computer room so that floor brokers and traders can practice online trading and courted electronic trading groups popping up worldwide.
This charity has taken the ancient practice of trading summer internships for assorted favours to its logical conclusion: it has created a market in them.
The energy firms decided to end the practice after Surrey Trading Standards last year successfully prosecuted SSE for mis-selling.
Because it allows financial institutions' debt portfolios to get larger, "the practice could magnify trading losses for banks or brokerage firms if credit quality deteriorates, " one of the people said.
Ferretti, vice president at the Chicago Climate Exchange, extolled emissions trading, noting that the practice had helped bring sulfur dioxide and acid rain under control much less expensively than traditional command-and-control regulation.
In practice, for an insider trading ring to be effective, there need to be insiders who have access to confidential information.
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But instead of dropping price improvement or addressing customer problems, Lutnick slapped BrokerTec with a suit, claiming it had violated eSpeed's patents on such bond-trading conventions as the "work-up" (a practice that gave a trader, buying or selling at a given price, the right to execute all trading at that price until he's done) and "trading time" (the grace period a trader has to act under a work-up).
Goldman became known more for its trading prowess than its white-shoe advisory practice.
Tesco points to the 2001 Supermarket Code of Practice, drawn up to regulate trading relationships between the major supermarkets and their suppliers, of which it is a signatory.
The principal one is that, when considering all of the participants' overall costs of reducing emissions, economic theory and now business practice teaches us that a carbon trading approach is the least cost way of meeting the environmental objective.
It is standard practice that bank employees are prevented from trading the moment they are informed that they are losing their jobs and are only able to collect any belongings under supervision.
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Amit Ghate is a mechanical engineer who, after 10 years of consulting practice, decided to transition to a career in stock trading.
While originally designed to protect regional exchanges from the NYSE, in practice it has protected the NYSE, with its floor-based open-outcry trading system, from new electronic exchanges.
The professors found that investors can beat the market by about two percentage points a year, after trading costs, but only by piggybacking on the shares of every company that engages in this practice.
In practice, few investors, even among institutions, are fully aware of the true costs of trading, since they are bundled up in their overall charges.
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