Hints and tips:
...A combination of weak trading volumes and financial markets’ increasing complexity is spurring a return to old-fashioned telephone brokers as market guides for asset managers trying to execute large orders...
...Patrick Thomas began his career in 1969 at International Telephone & Telegraph, a global manufacturing company based in the US....
...“Automakers need three things as they adapt to emerging market requirements,” says Grant Courville, director of product management at QNX. “They need reliability, security and flexibility”....
...Among those were CVC Capital Partners buying for over $300m SPi Global, a business process outsourcing business owned by Philippine Long Distance Telephone Company....
...MasterCard has launched a scheme comparable to its Nigerian venture in South Africa where it has issued some 10m cards for recipients of social grants, or welfare benefits....
...Chief executives can grant more powers to a rising star, without handing over the senior executive job straight away. For the same reason, COOs can be prey to poachers....
...Many are the modern electronic equivalent of the old telephone-brokered markets. They are often seen as competitors to exchanges....
...Many are the modern electronic equivalent of the old telephone-brokered markets....
...There had been a shift from the telephone to electronic broker networks. The boffins at Thomson Reuters were a bit bemused, it has to be said....
...Bolsa de Valores de Colombia picked Rapid Addition, a British technology company, to provide it with a FIX gateway, roughly equivalent to a telephone switchboard....
...Yet there are no telephones because Optiver has no clients and, like its rivals, trades using its own money....
...Poaching of staff is endemic in the competitive inter-dealer broking business, which is heavily dependent on brokers working orders on telephones....
...The pit trader who had a computer while rivals still used telephones had an early advantage in the 1980s. But many blamed computers for exacerbating the stock market crash of 1987....
...GFI Group, acts as an intermediary in OTC fixed-income, energy and credit markets, offering electronic trading in simple products and employing voice brokers to negotiate more bespoke derivatives on the telephone...
...The Stuttgart bourse, one of Germany’s largest regional exchanges, operates a hybrid system combining electronic trading with telephone broking....
...Previously, foreign traders would have to call a broker in Brazil on the telephone. The broker would then place the order on the exchange....
...In addition, volatility has led to a return to the use of voice brokers, using the telephone to negotiate contracts on behalf of clients, rather than relying on electronic screens....
...By Jeremy Grant Inter-dealer broking may conjure up images of traders gripping telephones to their ears and tapping orders for complex derivatives instruments into a computer....
...However, if you have had to make telephone calls or incur postage or other costs, then I would push for some recompense....
...UK companies looking to make foreign acquisitions have been increasingly financing deals through lenders in the country where they are making them, says David Brooks, head of M&A at Grant Thornton corporate...
...She could not have cared less that farmers were buying some of their own supplies for the first time in decades, that the agriculture ministry was being decentralised and more land grants issued....
...The quality of telephone calls to Moscow is deteriorating, as if the “listeners” are back. At official level, both sides use increasingly intemperate language....
...Securities investigations typically take months and years rather than weeks and investigators often do not resort to subpoenas while a company or potential witness is being cooperative....
...“Club goods” allow individuals to gain from cooperative efforts, a standard paradigm in economic theory....
...In some places the groups are then organised into groups of groups which can function like a cooperative....
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