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Six codes of conduct currently in force will be scrapped in favour of a global template that goes beyond traders to include asset managers and trading platforms, a reflection of how the market is rapidly evolving.
Over two-thirds of small business customers state that having access to a bank branch is important to them, and the importance of a high street branch stretches far beyond traders having somewhere to go to deposit their cash or nascent firms having ready access to capital.
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Mr. Andresen he said he imagined that after the bubbles, the currency would find enthusiasts, beyond the traders: "Anything that is purely in the electronic world," he said.
He then continues to detail how the problems that led to the disastrous trades extended beyond the traders making the large wagers in the London office of the chief investment office.
The goal, he said, is to reach beyond the traders and brokers who are now the Bloomberg Television's core audience and draw in chief executives and other business leaders —"some of the most important people in the world," as Mr. Fellows described them.
Beyond that, traders always had the goods needed for ceremonies and the feasts which accompanied them; they helped in letter writing and provided information and assistance in many other areas, recognising that if their community prospered, they did too".
Beyond that, traders always had the goods needed for ceremonies and the feasts which accompanied them; they helped in letter writing and provided information and assistance in many other areas, recognizing that if their community prospered, they did too".
Beyond earnings, traders sent shares in Viacom sharply higher on news that the company reached a new deal with Dish Network for the satellite TV provider to continue to carry Viacom channels.
These complex instruments had previously changed hands exclusively through private telephone calls among individual traders, beyond the scrutiny of regulators.
He called for greater regulation of the markets and attacked trading in debt – a process where "almost unimaginable wealth has been generated by equally unimaginable levels of fiction, paper transactions with no concrete outcome beyond profit for traders".
But hawk-eyed traders who read beyond the headline of what should have been little more than a footnote were.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com