New Dealer

(noun)

A term used to refer to an expert, politician, or academic who shaped and supported Franklin Delano Roosevelt's New Deal policies. 

Related Terms

Examples of New Dealer in the following topics:

  • Federal Open Market Committee

    • Furthermore, the Federal Reserve Bank of New York is responsible in carrying out the general directive.
    • The Fed Bank of New York deals with about 40 dealers who specialize in U.S. government securities (i.e. secondary market).
    • The New York Fed and dealers are connected electronically.
    • Then the Fed buys or sells to the dealers with the best offer.
    • The Open Market Trading Desk is the department within the New York Fed Bank that buys and sells the government securities.

  • NASDAQ

    • The NASDAQ is an American dealer-based stock market in which the dealers sell electronically to investors or firms.
    • "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations. " It is one of the largest stock exchanges in the world along with the New York Stock Exchange.
    • The NASDAQ is a dealer-based market in which stock dealers sell directly to investors or firms electronically via phone or Internet.
    • The New York Stock Exchange conducts its trading in person.
    • NASDAQ was founded in 1971 by the National Association of Securities Dealers (NASD), who divested themselves of it in a series of sales in 2000 and 2001.

  • The Market

    • The key components of the art market are the gallery, curator, dealer, consultant, and collector.
    • Art dealers are persons or companies who buy and sell works of art.
    • Dealers are often able to anticipate market trends, and some prominent dealers might be able to influence the taste of the market.
    • Many dealers specialize in a particular style, region, or time period and travel internationally to exhibitions, auctions, artists' studios, and art fairs to pick up new work.
    • Summarize the roles of the gallery, curator, dealer, consultant, and collector in the art market

  • Price Transparency

    • Since bonds are traded in a decentralized, over-the-counter market dominated by dealers, there can be a lack of price transparency.
    • In some cases, when a dealer buys a bond from an investor, the dealer carries the bond "in inventory. " In other words, the dealer holds it for his own account.
    • The dealer is then subject to risks of price fluctuation.
    • In other cases, the dealer immediately resells the bond to another investor.
    • Most bonds are not sold in centralized marketplaces, such as the New York Stock Exchange, leading to a lack of price transparency.

  • Types of Market Organizations

    • The primary market is the part of the capital markets that deals with the issue of new securities.
    • Most bonds and structured products trade "over the counter," or by phoning the bond desk of one's broker-dealer.
    • The New York Stock Exchange is a notable secondary market that is structured as an auction market.
    • Dealer markets, also called quote-driven markets, centers on market-makers (or dealers) who provide the service of continuously bidding for securities that investors want to sell and offering securities that investors want to buy.
    • Dealers earn a profit on the bid-offer spread.

  • The Stock Exchanges

    • There are thousands of stocks, but shares of the largest, best-known, and most actively traded corporations generally are listed on the New York Stock Exchange (NYSE).
    • The exchange dates its origin back to 1792, when a group of stockbrokers gathered under a buttonwood tree on Wall Street in New York City to make some rules to govern stock buying and selling.
    • The smaller American Stock Exchange, which lists numerous energy industry-related stocks, operates in much the same way and is located in the same Wall Street area as the New York exchange.
    • The largest number of different stocks and bonds traded are traded on the National Association of Securities Dealers Automated Quotation system, or Nasdaq.
    • The National Association of Securities Dealers, which oversees the over-the-counter market, has the power to expel companies or dealers that it determines are dishonest or insolvent.

  • Securities Exchange Act of 1934

    • It regulates stock exchanges, brokers, dealers, and even private traders.
    • Some of the well known exchanges include the New York Stock Exchange, the American Stock Exchange, and regional exchanges like the Cincinnati Stock Exchange, Philadelphia Stock Exchange and Pacific Stock Exchange.
    • The '34 Act also regulates broker-dealers without a status for trading securities.
    • This system is called NASDAQ, standing for the National Association of Securities Dealers Automated Quotation System.
    • That amendment led to the creation of the National Association of Securities Dealers, Inc. - the NASD, which is a Self-Regulatory Organization (or SRO).

  • Individuals and Community

    • The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public.
    • To widen the market and to narrow the competition, is always the interest of the dealers.
    • To widen the market may frequently be agreeable enough to the interest of the public; but to narrow the competition must always be against it, and can serve only to enable the dealers, by raising their profits above what they naturally would be, to levy, for their own benefit, an absurd tax upon the rest of their fellow-citizens.
    • The proposal of any new law or regulation of commerce which comes from this order ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention.

  • Secondary Market Organizations

    • Exchanges such as the New York Stock Exchange, Nasdaq, and the American Stock Exchange provide a centralized, liquid secondary market for the investors who own stocks that trade on those exchanges.
    • Most bonds and structured products trade "over the counter," or by phoning the bond desk of one's broker-dealer.
    • In the U.S., over-the-counter trading in stock is carried out by market makers that make markets in OTCBB and Pink Sheets securities using inter-dealer quotation services such as Pink Quote (operated by Pink OTC Markets) and the OTC Bulletin Board (OTCBB).

  • New York

    • The New York School was an informal group of American poets, painters, dancers, and musicians active in the 1950s and 1960s in New York.
    • The New York School (which is most often associated with abstract expressionist painting) was an informal group of American poets, painters, dancers, and musicians active in the 1950s and 1960s in New York City.
    • The Ninth Street Art exhibition was not only a showing of a remarkable amount of work from leading abstract expressionists and notable New York artists, it was also the stepping-out of the post war New York avant-garde.
    • The artists celebrated not only the appearance of the dealers, collectors and museum people on 9th Street, and the consequent exposure of their work, but they celebrated the creation and the strength of a living community of significant dimensions.
    • Still was one of the leading figures of the New York School of abstract expressionism.