1. The parallel markets have grown in size and importance in recent years. 2. Why should Bank of England intervention to influence rates of interest in the discount market also influence rates of interest in the parallel markets? 3. If the Bank of England indicates that it would like to see interest rates rise, why should dealers in the parallel markets take any notice? 4. A parallel market exists of smuggled cigarettes sold on street corners and markets that is estimated to account for about one in every five cigarettes sold in Italy. 5. HSBC said a company must have a track record of three reporting periods before it can move from the Parallel market to the Regular market. 6. Parallel markets also have popped up for old TV programs and radio recordings. 7. Several registered brokers in Bogota have also traded in this parallel market, which led to the closing of three brokerages in the last two years for illegal trading. 8. The parallel market allows wine merchants to purchase wine from brokers in the producing countries, then import the wines through legal channels for sale in the local market. 9. Prices in stores soared after the government loosened exchange controls a few months ago to allow a parallel market. 10. Industrialized nations have updated their cooling equipment, leaving poorer, developing nations as the main buyers in the parallel market. |