Thursday, January 24, 2013

Jan 24 2013

UNCLOS

The United Nations Convention on the Law of the Sea (UNCLOS), also called the Law of the Sea Convention or the Law of the Sea treaty, is the international agreement that resulted from the third United Nations Conference on the Law of the Sea (UNCLOS III), which took place from 1973 through 1982.


Representation of the People Act 1951

According to Section 8 clause 4 of the Representation of the People Act, 1951, Chautalas have protection from disqualification from the Assembly.

Supply-side

Supply-side economics is a school of macroeconomic thought that argues that economic growth can be most effectively created by lowering barriers for people to produce (supply) goods and services, such as lowering income tax and capital gains tax rates, and by allowing greater flexibility by reducing regulation. According to supply-side economics, consumers will then benefit from a greater supply of goods and services at lower prices. Typical policy recommendations of supply-side economists are lower marginal tax rates and less regulation

Demand - Side

 

Keynesian economics

 Keynesian economics are the group of macroeconomic schools of thought based on the ideas of 20th-century economist John Maynard Keynes. Keynesian economists believe that, in the short run, productive activity is influenced by aggregate demand (total spending in the economy), and that aggregate demand does not necessarily equal aggregate supply (the total productive capacity of the economy). Instead, it is influenced by a host of factors and sometimes behaves erratically, affecting production, employment, and inflation.

 

Block Trade

Alternative trading systems

Alternative trading systems (ATS), are United States Securities and Exchange Commission approved non-exchange trading venues specifically designed to match buyers and sellers to find counterparties for transactions, instead of trading large blocks of shares on the normal exchange, a practice that can skew the market price in a particular direction, depending on a security's market capitalization and trading volume.
ATS have to be distinguished from electronic communication networks (ECNs), that are a "fully electronic subset of ATSs that automatically and anonymously match orders".[1] The equivalent term of ECN under European legislation is a Multilateral Trading Facility (MTF). These venues play an important role in public markets for allowing alternative means of accessing liquidity.


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