Sentences with phrase «average daily turnover»

In addition to the above, the EU can impose fines of up to 5 % of average daily turnover if a corporation:

But to somehow put things into context for now, it probably still helps to note that the average daily turnover of physical gold spot contracts on the Shanghai Gold Exchange is over $ 1bn, while an average of about $ 32bn worth of gold futures trade on Comex each day.

The Commission is empowered to impose sanctions in the form of periodic penalty payments (maximum 5 % of the average daily turnover concerned in the preceding business year for each working day of delay) if a respondent supplies incorrect or misleading information or if, in response to a request made by a formal Commission decision, it provides incomplete information or the company does not respond at all (see Article 9).

The forex market has an average daily turnover of $ 5 trillion as traders strive to turn a profit by speculating on the value of one currency compared to another.