Answer: Adam Smith described the opposing, but complementary forces of self-interest and competition as the invisible hand. While producers and consumers are not acting with the intent of serving the needs of others or society, they do. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies. In his first book, "The Theory of Moral Sentiments," Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves by means of competition, supply and demand, and self-interest. 1
Explanation:
Super Display Book
It is very helpful to the floor brokers at NYSE because they use it to manage their work/order flow.The display book sidesteps the floor merchant and sends the request ideal to the expert/DMM for execution. Most client requests will never be dealt with by a stock dealer as they cannot hold an inventory . Floor dealers generally just handle the huge complex institutional requests. Client requests will be electronically steered specifically to the exchanging post for execution by means of the super show book framework.