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Shares of the Knight Trading Group, the No. 1 market maker with 18percentt of Nasdaq trades, fell 13percentt yesterday, to $30.9375, on concerns that an aggressive move by Merrill would divert some of the flow of trades that go from Merrill and other brokerage firms to Knight.
This can make a huge difference not only to a bank's cost of borrowing but also its ability to write derivatives contracts and win investment-banking business.Make it stickBeing a prime broker to hedge funds, for instance, is not in itself the most profitable of businesses, but it feeds a flow of trades into banks' equities and FICC businesses.
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It advocated free flow of trade between India and Pakistan.
China's economy has benefited greatly from the free flow of trade.
But the flow of trade goes both ways and across many sectors.
The longer the ceasefire, the more Israel has eased the flow of trade.
Convergence has been accelerated by the free flow of trade and capital within the European Union.
They don't need this disruption to their flow of trade and people going about their daily business".
Interference with capital movements is generally considered a lesser evil than interference with the free flow of trade.
The normal flow of trade from eastern Congo is to Indian Ocean ports rather than the Atlantic Ocean, which is more than a thousand miles away.
This aids the flow of trade – especially non-oil exports from Iran to Afghanistan – steadily rising from over £50m in 2001, now estimated to be £665m.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com