ROBERT A. SCHWARTZ The primary objective of this book is to consider how the inclusion of electronic call auction trading would affect the performance of our U.S. equity markets. The papers it contains focus on the call auction and its role in a hybrid market strucÂ ture. The purpose is to increase understanding of this trading environment, and to consider the design of a more efficient stock market. This book had its origin in a symposium, Electronic Call Market Trading, that was held at New York University's Salomon Center on April 20, 1995. Nearly 150 people from 16 different countries attended. At the time, three proprietary trading systems based on call auction principles (The Arizona Stock Exchange, Posit, and Instinet's Crossing Network) had been operating for several years and interest already existed in the procedure. Since the symposium, increasing use has been made of call auctions, primarily by the ParisBourse in its Nouveau Marchi: and CAC markets, by Deutsche Borse in its Xetra market, and in the U.S. by OptiMark. Rather than being used as stand alone systems, however, call auctions are now being interfaced with continuous markets so as to produce hybrid market structures, a development that is given considerable attention to in a number of the chapters in this book.
Meg Bolton left her Montana home, earned her bachelor's degree, and lived out her dream of selling her art. But now her life is in limbo. Stay in Colorado with a man who won't commit, or call it quits and move back to her home state. Her answer comes in the form of Jake Billings, a woman-courting, dimple-sporting cowboy her father bids on at the county fair. The auctioned ranch hand is meant to help Meg process grapes on her father's land, but along the way he steals her heart. Can Meg trust this sudden shift in direction, or will she be drawn back to the man she left behind?
"Now, ladies and gentlemen, what am I offered for this elegant vase, imported direct from Italy, a most marvelous piece of workmanship, worth every cent of twenty-five dollars? Who will start it at five dollars? Start it at four? Start it at three? At two? At one dollar? What is that-fifty cents? Rather low, lady, but as I said before, these goods must be sold, regardless of the prices obtained. Fifty cents, it is! Fifty-fifty! Who will make it one dollar?"
A personal journey is a psychological quest through places and experiences, a quest that molds who we are. Kim Taylor shares her own personal life journey, which has taken her through a myriad of foreign places and experiences, and in the process her formula for successful relationships.The author reveals herself to be more than her resume and background, her languages and post graduate degrees. She does an honest job of self-analysis and teaches others to do the same. "I could say I've crossed many borders, not the least of which is psychological. Our personalities are the means we use to communicate our message. The more we know about ourselves, the better we can understand others and, presumably, be understood by them." Though the author was previously living in France, the focus of her travel in the book is her time spent while on a Fulbright Scholarship in Slovakia.To the far east of Slovakia, almost to the border with the Ukraine, towns and villages still displayed the sickle and hammer motifs in town squares. It was eerily strange to see old world charm clash with vestiges of more recent communist days. It was not surprising to see how outsiders were closely watched. Nonverbals speak louder than words. Suspicion, curiosity and perhaps even jealousy combined in those who were left behind what was literally a single border crossing away to the free westAustria. "It made all kinds of sense to be watchful of strangers, as it was not uncommon to fall prey to spies and informants. Bugging was found to be taking place in the U.S. Consulate in Bratislava while she was living and working in Slovakia."The joke she heard often about herself was ... "she must be a spy because she acquired the language so quicklybut the pay was better before 1989."From impression management to communication styles, the language of relationships is what it's all about. Ethics or truth, if you prefer, underlies the message. The style is straight forward and honest. Interwoven with personal anecdotes, it's smart, funny and thought provoking.Cross-cultural references provide a springboard for learning and a blueprint for success for anyone considering careers that involve foreign languages and contexts. It takes the reader beyond the realm of the everyday.
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