Sentence examples for market utility from inspiring English sources
In 2012 America's Treasury designated CLS (which stands for continuous linked settlement) a "systemically important financial market utility".Now CLS, which is owned by its member banks, finds itself at the centre of a high-stakes patent battle the outcome of which could be felt far beyond the finance industry.
Now, IT is used in banking, education, stock market, utility industries, governmental services and many other areas.
The council also designated eight financial market utilities as "systemically important," subjecting them to stricter oversight.
All were designated as systemically important financial market utilities under Title VIII of Dodd-Frank.
The financial market utilities are one of three groups that the council will designate as "systemically important".
It got the power to share supervision, with the Commodity Futures Trading Commission, of eight "financial market utilities"—trading markets such as the Chicago Mercantile Exchange.
Half of the market utilities group consists of entities overseen by the S.E.C.: the Depository Trust Company, the Fixed Income Clearing Corporation, the National Securities Clearing Corporation and the Options Clearing Corporation.
She spent six years on trading floors providing analysis and investment advice to fund manager clients covering EU and emerging market utilities, infrastructure and some gas companies.
But in order to create competitors for the new market, utilities were forced to sell their power plants to out-of-state companies like Dynegy and Duke Energy.
On February 25th, it made the firm its electricity supplier, signing a contract worth up to $500m.In the traditional regulated market, utilities were monopolies with fixed prices: they hired engineers to build large reliable plants.
CLS is one of eight "financial market utilities"—entities that engage in humdrum risk-management activities such as clearing and settlement to have been designated as systemically important by America's Treasury.
