The Charles F. Dolan School of Business is a graduate and undergraduate business school and one of the professional schools of Fairfield University located in Fairfield, Connecticut. The school offers fully accredited graduate and undergraduate programs, according to the Association to Advance Collegiate Schools of Business (AACSB) and is ranked among "Small Colleges and Universities Strong in Business" according to the Fiske Guide to Colleges.

The Dolan School of Business is known for its innovative teaching methods, its aggressive placement of students into internship programs in New York City and surrounding Fairfield County, Connecticut, and its high faculty to student ratio. The school is named after Charles F. Dolan H'04, founder of HBO, Chairman of Cablevision and Fairfield University trustee, in recognition of his landmark $25 million donation in 2000.^[1] The Dolan School of Business is committed to the Jesuittradition of educating the "whole" person to be a socially responsible professional, who is prepared to serve others.^[2]

The Russian Trading System is a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. Originally RTS was modelled on NASDAQ's trading and settlement software; in 1998 the exchange went on line with its own in-house system. Initially created as a non-profit organization, at the moment RTS is in the process of reorganization: it is being transformed into a joint-stock company. RTS data is distributed world-wide through major financial information vendors such as Reuters.

Russia's stock market surged 686 percent from 2001 through 2005 - and another 66 percent in 2006. ^[1]

The RTS Stock Exchange markets are open from 10:30 a.m. till 6:00 p.m. Moscow time (GMT+3). ^[2]

A primary dealer is a bank or securities broker-dealer that may trade directly with the Federal Reserve System of the United States ("the Fed").^[1] Such firms are required to make bids or offers when the Fed conducts open market operations, provide information to the Fed's open market trading desk, and to participate actively in U.S. Treasury securities auctions.^[2] They consult with both the U.S. Treasury and the Fed about funding the budget deficit and implementing monetary policy. Many former employees of primary dealers work at the Treasury, because of their expertise in the government debt markets, though the Fed avoids a similar revolving door policy.^[3][4]

Between them, these dealers purchase the vast majority of the U.S. Treasury securities (T-bills, T-notes, and T-bonds) sold at auction, and resell them to the public. Their activities extend well beyond the Treasury market, for example, according to the Wall Street Journal Europe (2/9/06 p. 20), all of the top ten dealers in the foreign exchange market are also primary dealers, and between them account for almost 73% of forex trading volume. Arguably, this group's members are the most influential and powerful non-governmental institutions in world financial markets. Group membership changes slowly, with the current list available from the New York Fed.^[1]

The primary dealers form a worldwide network that distributes new U.S. government debt. For example, Daiwa Securities and Mizuho Securities distribute the debt to Japanese buyers. BNP Paribas, Barclays, Deutsche Bank, and RBS Greenwich Capital (a division of the Royal Bank of Scotland) distribute the debt to European buyers. Goldman Sachs, and Citigroup account for many American buyers. Nevertheless, most of these firms compete internationally and in all major financial centers.

In response to the subprime mortgage crisis and to the collapse of Bear Stearns, on March 19, 2008, the Federal Reserve set up the Primary Dealers Credit Facility (PDCF), whereby primary dealers can borrow at the Fed's discount window using several forms of collateral including mortgage backed loans.