halfway to India strategy

halfway to India strategy
 n.— «Two other things give BATS an edge on price. One is what Mr Cummings calls the “Halfway to India” strategy. Being based in Kansas City means his firm can pay its eggheads much less than if they lived in New York.» —“Nasdaq’s nemesis” Economist (United Kingdom) Mar. 15, 2007. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Far Enough From Your Heart Not to Kill You

Nancy Gabriel from Ithaca, New York, recalls her father’s no-nonsense responses to minor injuries when she was a child: After making sure she was really all right, he’d say, It’s far enough from your heart; it won’t kill you. Other times he might...

Punny Names From 1916

In 1916, a small-town newspaper in Pennsylvania printed a fanciful item about a local gathering with a guest list that included, among others, Miss Ella Vader, Mr. Ray Zor, and other punny names. This is part of a complete episode. Transcript of...