It is part of a sprawl of specialist markets in the city, a commercial hub on the Niger river, which draws in traders from across southern Nigeria.It was the bustle of Onitsha that persuaded SABMiller, the world's second-largest beer company, to set up a brewery here.
The Singapore Maritime Gallery tells the story of how modern Singapore came to be: from the dawn of maritime Singapore as a pre-colonial 14th century port to the founding of Modern Singapore when Raffles established a British East India Company Trading Post in 1819, drawing in traders with the allure of a free port in a "strategic location and deep harbor".
DealBook » New Powers Invoked to Curb a High-Speed Trading Feint | Three regulatory agencies set penalties on Panther Energy Trading for a practice known as "spoofing," in which bogus orders are used to draw in other traders and manipulate markets.
The Commodity Futures Trading Commission said on Monday that it had set penalties of $2.8 million on Panther Energy Trading for a practice known as "spoofing," in which bogus orders are used to draw in other traders.
The Energy Department recorded a surprise draw in last week's crude inventories, but traders looked past the report with Tropical Storm Gustav menacing the Gulf of Mexico.
A typical behavioral assumption is assuming that if there are positive information on a particular company, it will draw other traders to purchase the stock and in return increase the stock price.
While Syria is not a major oil supplier, traders are concerned that the conflict may draw in Iran, a key ally of Syria and a big oil producer.
The bulletins, which are accompanied by an audible beep, were mostly used in the past to draw traders' attention to market developments, such as Federal Reserve transactions.
Many of the traders were hired months ago when the markets weren't as buoyant, raising questions about whether Citi really needed to dangle the bonuses to draw in the talent.
The auctioneer keeps ahead of rivals due to "network effects" that draw traders to the most liquid market, whether in shares, cars or second-hand junk.
Once, as in the case of Greece, it was poor fiscal management that led to deteriorating financial position and ultimately drew traders like sharks smelling blood in the water.
