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"The trades go through a broker so you don't know who you're dealing with".
(The country is ideal for this kind of research because all trades go through one place, the Taiwan Stock Exchange, which is willing to share the information).
Because a great number of trades go through middlemen, regulators have no easy way of even knowing who the high-frequency traders are.
Under that law, the trading commission is supposed to extend new derivatives changes overseas — including tougher capital standards, a requirement that trades go through regulated clearinghouses and other requirements — if the foreign trading has "a direct and significant connection with activities" of the United States.
The financial regulatory reform legislation, which is being shepherded through the Senate by Banking Committee Chairman Christopher Dodd (D-Conn)., attempts to rein in the OTC derivatives market by mandating that most trades go through a clearinghouse, a facility that executes trades for parties that are required to post collateral and mark their positions daily to prevailing market prices.
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Thousands of trades went through in bundles of 227 shares – the precise amount that retail investors were allotted.
If the trade deal goes through, it could weaken progress CREDO has made on other issues, like protections for workers and environmental regulations.
These trades went through even though they far exceeded the firm's capital cushion.
Traders also pointed out that a number of significant programme trades went through the system late in the trading session.
Alliance & Leicester showed a closing price of 802p, up 40p, calculated by the stock exchange's volume weighted average formula, though two trades went through the Sets system at 812p in the closing minutes.
Finally, after Piniella implored him to let the trade go through, Steinbrenner told him, "If we're going to trade with them, get that guy Jefferson".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com