# Place usage (local customs, usual terms of the place)

- Canonical URL: https://www.gerhardmerk.de/place-usage-local-customs-usual-terms-of-the-place
- Post ID: 591991
- Modified: 2023-07-25T21:12:16+00:00
- Language: en

## Definition

In relation to the financial market, the rules and business regulations that are customary in a particular place. In some places, these are not written down at all or only in broad outlines. In this case, they are based on longstanding customs in the respective place. - In recent decades, the computerization and globalization of trade has contributed to the fact that place customs in the area of stock exchanges have lost much of their importance. - See stock exchange, electronic, exchange functions, exchange regulations, broker, foreign exchange, computerized, trading system, alternative, dematerialization, disintermediation, booths, pigeon money. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0