Basing Point
In the basing point pricing system, a basing point is a specified geographic location from which the exact same delivered price applies to each and every destination. Different companies would establish the prices of their products within a specified market, setting a "base price" plus transportation costs, regardless of the delivery destination.
So like...let's say the basing point is in Kansas City. Okay, then any shipments within Kansas City will simply cost the base price, while shipments to other towns will be the base price plus the designated shipping rate anywhere within the delivery zone, regardless of the distance from Kansas City. A delivery address 100 miles away would be the same price as an address which is 60 miles away.
This allows companies to collude with each other to agree on a base price of an item. But it's not a violation of antitrust laws which outlawed industry price fixing. Basing point systems are pretty passe today, but they were all the rage for the 60 years following the Sherman Antitrust Act of 1890.
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Finance: What is Trading Volume?29 Views
finance a la shmoop what is training volume training volume with a lot of
volume and this is trading with okay yeah yeah you get the idea [Man shouting into megaphone]
volume here is not about number 11 on the dial but rather about the number of [Person turning up volume dial]
shares trading back and forth on a given day week hour a month and generally
speaking higher levels of volume are a relatively bullish sign for the market [Water pouring]
on all else being equal that is optimistic investors are putting money
into the system buying up stocks and contributing liquidity like they are [Investor money transfer to stock market]
seeking risk they're hopeful they're optimistic lots of volume high liquidity
low volume low liquidity and high is good
Inessa not just a california proposition 64 thing high volumes are attractive to [People protesting for cannabis]
large institutional professional traders and investors because there remains the
perception that if they want to sell a given position well then with high
volumes they can get out quickly so they feel less hesitation about getting in
quickly okay good just checking [Man shouting into megaphone]
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