Report of special study of securities markets of the Securities and Exchange Commission, Volumen2U.S. Government Printing Office, 1963 |
Dentro del libro
Resultados 1-5 de 100
Página 8
... functions are to be performed and who may perform them.8 In the over - the - counter markets there is no institutional limit on who may engage in any particular function with respect to any or all securities , except in the broad sense ...
... functions are to be performed and who may perform them.8 In the over - the - counter markets there is no institutional limit on who may engage in any particular function with respect to any or all securities , except in the broad sense ...
Página 9
... function . 4. For the exchanges there is also a clear - cut definition of what secu- rities may be traded on each exchange , through the concepts of " list- ing " and controlled " unlisted trading privileges , " described more fully in ...
... function . 4. For the exchanges there is also a clear - cut definition of what secu- rities may be traded on each exchange , through the concepts of " list- ing " and controlled " unlisted trading privileges , " described more fully in ...
Página 14
... function in narrowing the spread which may exist between public bids and offers *** to make a fair and orderly market . " to such markets . However , the terms have wider 14 REPORT OF SPECIAL STUDY OF SECURITIES MARKETS.
... function in narrowing the spread which may exist between public bids and offers *** to make a fair and orderly market . " to such markets . However , the terms have wider 14 REPORT OF SPECIAL STUDY OF SECURITIES MARKETS.
Página 19
... function somewhat similar to that of the specialists on the New York Stock Exchange in that they " make markets , " but there are several significant differences : The jobber does not have to make trades and has less responsibility for ...
... function somewhat similar to that of the specialists on the New York Stock Exchange in that they " make markets , " but there are several significant differences : The jobber does not have to make trades and has less responsibility for ...
Página 20
... function with equal effectiveness in the economic and political environment of another . To refer to variations of rules and practices in other markets is by no means to suggest a preference for any of them ; it is merely to suggest ...
... function with equal effectiveness in the economic and political environment of another . To refer to variations of rules and practices in other markets is by no means to suggest a preference for any of them ; it is merely to suggest ...
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Términos y frases comunes
active stocks American Stock Exchange Amex arbitrage associate brokers auction market average block brokerage capital chart cialist commission business commission firms commission rates committee cost DeCoppet & Doremus differential discussed Ebasco effect Exchange Act Exchange's execution fair and orderly floor brokers floor department floor traders inactive stocks income increase indicated investors June 16 last sale liquidity lots market order member firms member trading nonmember number of shares NYSE odd-lot business odd-lot dealers odd-lot firms odd-lot orders opening orderly market over-the-counter participation percent of total period price change price movements problems profit prohibition purchases and sales regional exchanges respect round-lot transactions rule securities Segregation seller short interest short position short sales short selling Special Study specialist testified specialist trading specialist units specialists purchased Sperry Rand stabilizing stock days tick test tion total volume U.S. Steel York Stock Exchange zero-plus tick
Pasajes populares
Página 466 - The Commission is authorized and directed to make a study and investigation of the work, activities, personnel, and functions of protective and reorganization committees in connection with the reorganization, readjustment, rehabilitation, liquidation, or consolidation of persons and properties and to report the result of its studies and investigations and its recommendations to the...
Página 300 - Commission determines that such exchange has not made the changes so requested, and that such changes are necessary or appropriate for the protection of investors or to insure fair dealing in securities traded in upon such exchange or to insure fair administration of such exchange, by rules or regulations or by order to alter or supplement the rules of such exchange (insofar as necessary or appropriate to effect such changes...
Página 573 - No broker or dealer shall make use of the mails or of any means or instrumentality of interstate commerce to effect any transaction in, or to induce or attempt to induce the purchase or sale of, any security (other than an exempted security or commercial paper, bankers...
Página 177 - ... effect on its own behalf specified changes in its rules and practices, and after appropriate notice and opportunity for hearing, the Commission determines that such...
Página 295 - We, the Subscribers, Brokers for the Purchase and Sale of Public Stock, do hereby solemnly promise and pledge ourselves to each other that we will not buy or sell from this day, for any person whatsoever, any kind of Public Stock, at a less rate than one quarter per cent. Commission on the specie value, and that we will give a preference to each other in our Negotiations.
Página 65 - In accordance with such rules and regulations or order as the Commission may deem necessary or appropriate in the public interest or for the protection of investors or consumers...
Página 573 - ... fraudulent, deceptive, or manipulative act or practice, or makes any fictitious quotation. The Commission shall, for the purposes of this paragraph, by rules and regulations define, and prescribe means reasonably designed to prevent, such acts and practices as are fraudulent, deceptive, or manipulative and such quotations as are fictitious.
Página 168 - ... the offer or selling at the bid, whether such transactions are to establish or to liquidate a position. Provisions should be made for exemptions from the rules with approval of floor officials and for systematic review by the respective floor departments. As to the general obligation of specialists to participate to the extent reasonably necessary to maintain a fair and orderly market, the rules should give emphasis to the concept of continuity with reasonable depth, that is, participating in...
Página 227 - Commission is directed to make a study of the feasibility and advisability of the complete segregation of the functions of dealer and broker...
Página 468 - Every person who is directly or indirectly the beneficial owner of more than 10 per centum of any class of any equity security (other than an exempted security) which is registered on a national securities exchange, or who is a director or an officer of the issuer of such security...