Waterhouse, like its bigger rival Charles Schwab, was a discount brokerage firm before online trading existed.
If it turns out that the previous form or extent of trading existed only because of the implicit government subsidies, then we should not mourn its end.
Easy, because the old world of specialist marketmakers and floor trading existed only a few years ago, so people remember it well.
Regulators didn't have such reports in the recent crisis and were severely hampered by the fact that derivatives trading existed largely in a black box.
At the California Independent System Operator, William H. Simmons, the manager of market applications, development and support, said that some aspects of electricity trading existed years ago on electronic bulletin boards.
That the carry trade exists at all is gleaned only indirectly.
But Don Bailey, a part-time truck driver who often transports birds, says the trade exists.
Aside from the drift ice tourism, what other type of trade exists in this region, according to the article?
