Competition between market centers is a driving force for innovation, dynamic growth, and reasonable pricing structures. Consolidating the order flow amasses liquidity, sharpens price discovery, and lowers trading costs. This book addresses such timely topics as the impact of technology on financial markets and includes contributions from prominent academics, policymakers and professionals in the field. It is the latest title in established conference proceedings series.
"THE PROFESSIONAL BEGGAR" This was the name the Reverend Cuthbert Arthur Hamilton gave himself in the 1930s. Born in 1880, he was priest of the scattered parish of Wisley-cum-Pyrford in Surrey for thirty-five years, from 1913 until his death in 1948. Without his visionary persistence there would have been no village hall, cricket and football ground, social club, or even the land for the present modern Church of the Good Shepherd. His actions ensured that these major props of the community were hammered into place. He also inspired the many groups - religious and secular - who enjoyed or were to enjoy their facilities. More than that, if any organisation or individual were short of money, he frequently dipped into his own pocket or, as 'The Professional Beggar' of the title, cajoled others to find the requisite funding. The book describes Hamilton's privileged, late-nineteenth century family background and early ministry before coming to the then sleepy Wisley and Pyrford villages and his leadership of the parish during two World Wars - not to mention his personal bravery in France in 1917 while serving in the Church Army. Between the wars, despite his and his wife's periodic illnesses, he guided a rural backwater into becoming a well-administered and caring community. Many have spoken of Wisley and Pyrford as special places and it was Hamilton who set the tone. Never inward-looking, he turned his parishioners' attention to the wider picture and rich and poor learnt that giving could be more rewarding than taking, however large or small the contribution. Whether it was the desperate Durham miners or outcasts in India, Hamilton encouraged people to think of those who were far worse off than themselves.
Based on a study using online ethnography as the major research method, this book explains why and how men in Hong Kong use QQ-an online instant messenger-to "chase" women in mainland China, especially in the neighboring city of Shenzhen. Chasing women through QQ is a reciprocal exchange process during which the resources to be exchanged in the interaction are not negotiated. Rather, the men provide resources to the women, hoping for rewards in return that are not guaranteed. This characteristic of the exchange makes men who chase women through QQ very strategic in their action. They try to maximize the rewards and minimize the costs by adopting myriad strategies, such as constructing an attractive online identity by strategic self-presentation. The role of emotions in the exchange process is also examined. Men learn the emotional norms through the online forum, but sometimes it is difficult for them to control their emotions; some men fall in love when they are not supposed to. As it happens, they have failed to calculate the costs and rewards rationally in that they may provide too many resources to the women without getting enough rewards in return.
This book provides original insights into the thought processes, motivations, desires, anxieties and risks of Hong Kong men seeking short-term sexual relations with women on the mainland. These insights are highly relevant to our understanding of the quickly evolving use of social media, a phenomenon of worldwide importance and deep implications.
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