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Business & Finance
A stock exchange is an institution, organization or association that serves as a market for trading financial instruments such as stocks , bonds and their related derivatives . Most modern stock exchanges, like NYSE Euronext , have both a trading floor and an electronic trading system. Exchanges make money in several different areas. Listings, sales, and selling market statistics are some of the various ways that they produce revenue. Electronic trading has dramatically reduced the cost of entry into this market. Several exchanges have developed in recent years such as BATS Exchange out of Kansas City.
NEW YORK (CNNMoney) -- Bing, Microsoft's two-year old search engine, is losing nearly a $1 billion a quarter, with no sign of letting up. Microsoft ( MSFT , Fortune 500 ) has lost $5.5 billion on Bing since the search service launched in June 2009 , but the company's search losses actually pre-date that. In fact, the software giant has never made money in its online services division. Since Microsoft began breaking out that unit's finances in 2007, the company has lost a total of $9 billion.
This is a list of active stock exchanges . Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and the list of futures exchanges . Major stock exchanges (top 20 by market capitalization ), as at 31 December 2012 ( Monthly reports, World Federation of Exchanges ) [ edit ] Africa [ edit ] Algeria
Introduction The history of the securities regulation arena are well beyond the scope of this work, and the reader is commended to any one of a number of books in the area. One of the best known, and often cited treatise on the topic is Loss and Seligman, Securities Regulation, a multi-volume treatise on the subject, published by Little Brown & Co in New York City. A single volume version is also available, and can be ordered online . For purposes of this work, it is sufficient to note that there is a myriad of regulations affecting the securities professional - depending on the specifics of his business, a securities professional can be subjected to rules and regulations of 55 different regulatory agencies, including the Securities Commission in each of the Fifty States, the District of Columbia and Puerto Rico, as well as the Securities and Exchange Commission, the National Association of Securities Dealers, Inc., and any of the regional exchanges of which he or his firm is a member.
Composition et versements En contrepartie du régime de faveur octroyé aux clubs, l'administration a fixé certains garde-fous pour éviter la constitution de ... Gérer un club au jour le jour Une fois le club créé, sa vraie vie commence et il faut tout de suite la démarrer sur des bases saines.