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A trading jacket is a blazer garment worn by a broker who executes trades by open outcry in and around the trading pits of various financial exchanges. Throughout the twentieth century, trading jackets were simply white.
Since the 1980s, the open outcry systems have been steadily replaced by electronic trading systems (such as CATS and Globex).. Floor trading is the meeting of traders or stockbrokers at a specific venue referred to as a trading floor or pit to buy and sell financial instruments using open outcry method to communicate with each other.
Short title: U.S. Government Publishing Office Style Manual; Author: U.S. Government Publishing Office: File change date and time: 10:01, 31 January 2017
In the United States, a group purchasing organization (GPO) is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. [1] Many GPOs are funded by administrative fees which are paid by the vendors that GPOs oversee.
After the creation of the euro in 1999 the exchange won the lion's share of trading in euro-denominated short-term interest rate derivatives – the EURIBOR contract. On Friday 24 November 2000, at 5 pm, the last three of the once 26 open outcry pits were permanently closed.
The Trade Agreements Act of 1979 (TAA), Pub. L. 96–39, 93 Stat. 144, enacted July 26, 1979, codified at 19 U.S.C. ch. 13 (19 U.S.C. §§ 2501–2581), is an Act of Congress that governs trade agreements negotiated between the United States and other countries under the Trade Act of 1974.
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General Post Office (disambiguation) Group purchasing organization; Gun Position Officer, usually a lieutenant, responsible for the technical control of an artillery battery in the United Kingdom and Commonwealth forces