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They discovered that in the time that it took for a trade from R.B.C. to travel through fiber optic cables from a slightly closer exchange to a slightly farther exchange, a high-speed trading firm could spot the trade, cancel its order on one exchange and raise the price on another to take advantage of the R.B.C. client.
In the last decades, with global networking, with social media, digitalization of the economy, linkages have become much closer, exchange much more rapid.
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Thanks to the support of the government and society, Chinese ethnology entered a golden age of development, with closer exchanges with its international counterparts in the new century.
This closing exchange echoes an earlier story, and the animosity of an earlier generation.
Closed exchange and production-and-exchange economies may have multiple equilibria, a fact that is usually ignored in macroeconomic models.
Now, each day's closing exchange rate will influence the following day's rate, implying adjustment toward market levels.
The Congressional Joint Committee on Taxation, without any supporting data, has written Mr. Neal to say that no revenue would be raised by closing exchange funds because "the class of investors engaging in swap funds" would find other ways to avoid the tax.
Benteke eased around a sliding Damien Delaney in the closing exchange here and, while the Irish defender pulled out of a challenge with his left foot, the striker's heel made contact with the centre-half's right knee.
It echoes nothing so much as the closing exchange between Elliot and E.T. ("Come". "Stay"), and the fact remains that, as anybody who sat numbly through "Amistad" or "The Color Purple" can confirm, Spielberg is not a political artist.
In particular, an opportunity was established for a close exchange between scientists and students of Germany, Oman, and Japan.
One nail (9 mm) bent in one patient with AO type B fracture after 4 months of surgery and closed exchange nailing with 11-mm nail resulted in union in this patient.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com