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Tuesday, May 12, 2015

Millionday Tuesday Night News Part 2

Millionday News 5/12/15   Part 2

Welcome to dinarupdates.com for News Time with Millionday!!

millionday: The secondary market can be further broken down into two specialized categories: auction market and dealer market.

In the auction market, all individuals and institutions that want to trade securities congregate in one area and announce the prices at which they are willing to buy and sell. 

These are referred to as bid and ask prices. The idea is that an efficient market should prevail by bringing together all parties and having them publicly declare their prices. 

Thus, theoretically, the best price of a good need not be sought out because the convergence of buyers and sellers will cause mutually-agreeable prices to emerge. The best example of an auction market is the New York Stock Exchange (NYSE).
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millionday: NOTE -- SO THE GROUP OF INDIVIDUALS WE SEE YELLING AND SCREAMING -- WOULD BE THE SECONDARY MARKET -- SMILE

millionday: In contrast, a dealer market does not require parties to converge in a central location.

 Rather, participants in the market are joined through electronic networks (from low-tech telephones or fax machines to complicated order-matching systems). The dealers hold an inventory of the security in which they "make a market"

millionday: NOTE -- THE INVESTMENT IN THE MARKET CAN BE DONE ELECTRONICALLY

millionday: THROUGH BROKERS ETC

millionday: The dealers then stand ready to buy or sell with market participants. These dealers earn profits through the spread between the prices at which they buy and sell securities.

An example of a dealer market is the Nasdaq, in which the dealers, who are known as market makers, provide firm bid and ask prices at which they are willing to buy and sell a security.

The theory is that competition between dealers will provide the best possible price for investors.

millionday: SO THAT IS THE LESSON ON WHAT HAS HAPPENED TODAY WITH ISX AND IT OBVIOULSY SEEMS TO POINT TO THE HUGE GUESS THAT INTERNATIONAL ACCEPTANCE WOULD BE NEEDED IN ORDER FOR THIS TO BE SUCCESSFUL

OR AT LEAST AS SUCCESSFUL AS THEY HOPE IT TO BE IN THE REGION AND THE GLOBE

Papatom: very exciting.....when you think that the CBI law is being re written, a step saved for the end....now the ISX is placing all their tools in sight,

 steps that have been previously done but saved for the necessary time.... all pointing to an end that is too close to hide completely any more.....

millionday: THEY ARE REPORTABLY WORKING ON THAT RIGHT NOW –

AND THEN TO BE SENT TO PARLIAMENT -- AND AS WE HAVE NOTICED LAWS ARE MOVING FORWARD MUCH FASTER THAN WE WITNESSED BEFORE

rcookie: Do we know if ISX & ESX are to be Govt owned or demutualized/privatized exchanges...As of now Dubai is only MENA mutualized exchange according to OECD

millionday: THEY HAVE REPORTED THAT THEY ARE GOING TO JOIN TOGETHER -- HOW THAT IS GOING TO BE DONE WE DONT KNOW AT THIS POINT -- THE GOAL IS THE SAME -- EXPANSION OF THE MARKET TO THE GLOBE

CanTWaitwoRV: Thanks for bringing the ISX news in this eve MD. Laws being voted in seem to be more of a formality like the investment law. Facts beat fiction all day

millionday: YW ALL THE TIME -- I AM LIKE YOU -- I LOVE TO SEE ACTION MUCH MORE THAN TALK TOO MY FRIEND -- SMILE

Papatom: if I may lend a possibility thought..... the two exchanges could likely operate thru the software that NASdaq gave TO THE isx. THAT WAS A HUGE GIFT and is more than a small exchange would need.....but..if TWO exchanges operated thru it...now that makes sense!!!!

Papatom: im so darned excited right now..... sheeesh I can't stand it

millionday: WITH IT BEING A PRIMARY MARKET IT MAKES PERFECT SENSE -- I KNOW IT WILL BE VERY INTERESTING TO WATCH AS THIS UNFOLDS

billionaire: So is ISX going to feed into Nasdaq or stay independent?'

millionday: ISX WILL REMAIN BUT NOW THEY HAVE A SECONDARY MARKET THAT WILL ALLOW INVESTORS TO INVEST IN THROUGH BROKERS OR NASDAQ AND OTHER PRIMARY MARKET BROKERAGES –

- THIS IS AN EXPANSION ON THEIR CAPABILITIES AND ALSO THEIR REVENUES FOR THE COUNTRY OF IRAQ AND THE PUBLICALLY LISTED COMPANIES

Papatom: remember MD that the companies listed on the iSX need to be an Iraqi owned company so goes the need for PARTNERSHIPS....like FOrd will have something worked out...and all the others,

so the IPOs will be huge, and make amazing money for Iraq in the investment into their private sector.

the secondary market will Flourish making the companies prime targets for investors and strengthening their place in the world....thus helping Iraq even tho they don't get direct investment income from secondary sales.

Papatom: but there will be some kind of taxes, or surcharges or something....to make Iraq money....

millionday: THIS WILL BE THE TIME THAT THE COMMISSION GOES TO WORK --

Papatom: and rewrites laws....CBI...investment.....

RML: The investment world, whether via currencies or securities NEEDS new blood. It needs tradable paper and commodities that are not burdened with unresolvable debt.

If Iraq does what we are hoping it will do, we will see an electronic "gold rush" that will put an MD SMILE on the face of the world.

millionday: GOOD POINT AND YOU CAN BET ON IT -- SMILE

millionday: THIS WAS SENT TO ME FROM ONE OF OUR LOVED MEMBERS

millionday: Center Brief for the Iraqi Media Network (IMN) - expectation Chairman of the JSC Abdul-Razzaq al-Saadi, that the stock market will rise in the next month, influenced by news of Iraq for a loan from the World Bank,

as well as to reassure citizens that the workers in the ongoing government institutions salaries The improvement in the financial situation of the country.

He said al-Saadi's (IMN) that "the entry of the 13 private company traded on the Iraq Stock Exchange, trading rates will live."

millionday: NOTE -- THE STOCK MARKET WILL RISE IN THE NEXT MONTH AND ALSO RATES WILL LIVE -- MEANING IMO -- WHOOOPOW

millionday: NOTE -- ACTION OF WHAT WE HAVE JUST BEEN DISCUSSING -- SMILE

millionday: He pointed out that "the security situation through which the country, the impact on trading in the stock market, because investors are looking for safe financial environment for the continuation of trade, buying and selling stock."

The World Bank confirmed its commitment to help Iraq to overcome the difficulties experienced by during the current phase.

millionday: The Governor of the Central Bank announced on the Keywords agency, said that the Special Drawing Rights granted to the countries participating in the International Monetary Fund and including Iraq, is estimated at two billion dollars, noting that the Fund did not lend Iraq up to the minute.

millionday: NOTE -- APPEARS THAT THE INITIATION IS THE CURRENT STAGE

billionaire: Can investors, invest in ISX with their home currency?

billionaire: Are they inviting international investors.

Papatom: that paragraph says the special drawing rights GRANTED past tense. ... to the countries participating in the IMF !!!!!

 it's been done! and that the fund did not lend (past tense) up to the minute...(so far) .... wow MD !!!!

millionday: MORE LIKE A HUGE WHOOOPOW
pinsetter billionaire: your home currency is converted to dinars to purchase stocks

teddi: Much of this is beyond me but doesn't Iraq have to have a tradable currency for all this financial activity.l

millionday: TEDDI -- THAT IS CERTAINLY THE EXPECTATION AS IT WOULD NOT BE POSSIBLE TO TRADE WITHOUT EXCHANGABLE CURRENCY

millionday: HERE IS A VERY IMPORTANT LINK THAT WILL BE GREAT READING AND SOMETHING FOR YOU TO SAVE FOR LATER ----http://ift.tt/1KHqZWF

millionday: Committee Chairman Ali Shaddad Knight, told all of Iraq [where], that "the local government of Basra, proceeded to implement the process of writing a project proposal draft oil and gas law,

 which was prepared steps, where they were fueling the final form of the draft," adding "We are waiting for Government outputs it. " 

He added that "the Commission formed the membership of two members of the council in Basra, jointly in the preparation of the draft, which was submitted to the Council of Ministers for the purpose of deciding it," 

adding that "Paradise members are Chairman of the Oil and Energy Committee and Chairman of the Legal Committee in the province." 

The oil minister Adel Abdul Mahdi said on 12 April, in a statement that the absence of a law on oil and gas is the cause provoking the current crisis faced by Iraq. 

It is said that the Commission on oil and energy parliamentary received, a letter from the government spends adoption of a draft oil and gas law 2011 edition . 

millionday: SO THE HCL AMENDMENTS ARE DONE AND NOW AFTER THE MINISTERS IT WILL BE SENT TO PARLIAMENT FOR THE COMPLETION

Papatom: does ANYONE else see the timing of the HCL completion???

millionday: NOT YET BUT HAVE FINGERS CROSSED

millionday: SMILE

millionday: The president of the Republic Fuad Masum, Tuesday, the Iranian capital Tehran on an official three-day visit. He said a news source that "the President of the Republic Fuad Masum, arrived in Iran on an official three-day visit." It is said that the infallible confirmed on Saturday (May 9, 2015 ), 

he does not consider aid provided by Aaranellarac in its war against al "Daash" terrorist as interference in the country's affairs, as pointed out that three government ministers will accompany him during his visit to Tehran this week.

millionday: NOTE -- THE REASON THAT THIS IS IMPORTANT IS THAT UPON HIS RETURN OF A THREE DAY VISIT -- THE NATIONAL RECONCILIATION CONFERENCE WILL TAKE PLACE – 

IT HAS BEEN ANNOUNCED AND PLANNED SO IT WILL BE TAKING PLACE UPON HIS RETURN FROM IRAN ----

jarhead: coming from Iran is not good we all know this

millionday: THE MEETING THAT MASUM IS HAVING IN IRAN -- THE CONFERENCE WILL TAKE PLACE -- NOT TO DO WITH IRAN -- JUST THE TIMING

militia man: What day will he return, Thursday?

millionday: THURSDAY YES

millionday: MAYBE FRIDAY MORN

millionday: THE MEETING IS ACTUALLY ABOUT THE BORDER AND THE MILITARY HELP THAT WILL OCCUR ON THOSE BORDERS ETC

millionday: THANK YOU ALL FOR COMING AND TAKING PART IN NEWSTIME

millionday: KEEP YOU EYES CROSSED AND YOUR FINGERS AND ALL OF THAT

millionday: SEE EVERYONE TOMORROW AT RT AND NEWSTIME

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