Businesses up and down the country are feeling the huge effect of the economic downturn and it is in these times that every business has to work even harder to gain new business contracts.
Exhibitions have long been an extremely effective way of gaining new business. Exhibitions in specific business sectors allow more targeted marketing and as with annual exhibitions, can be a gathering for the industry leaders.
The initial cost of setting up an exhibition stand can be quite costly. Planning is extremely important to ensure the right look is achieved to portray the company and image. The actual exhibition stand or system is the largest outlay and the most important. The right exhibition system can be used again and again so choosing the right system in the first place saves both time and money.
US derivatives regulation
The Obama administration on May 13th unveiled a sweeping plan to regulate over-the-counter derivatives in an attempt to seize greater control over an opaque market that has been blamed for exacerbating the financial crisis.
The move is intended to increase transparency and reduce risk in a market that is worth more than 0,000bn but has so far been largely unregulated. Many problems like accounting rules for derivatives have to be solved.
The new government plan, presented by Secretary Geithner, would force all “standardized” OTC derivatives to be cleared through central clearinghouses, to reduce the risk of investors being dangerously exposed to a single counterparty. These types of derivatives, which are estimated to make up the bulk of the market, -in particular credit default swaps- would also have to be traded on regulated exchanges via electronic systems.