May Day

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Related to International Labour Day: International Labour Organisation

May Day

The date of May 1, 1975, after which brokers were allowed to charge any brokerage commission, rather than a mandatory rate.

May Day

1. Informal; the first date on which brokerages were allowed to charge commissions below the previous minimum commissions. On May Day, brokers were permitted to negotiate commissions directly with clients for the first time. May Day occurred on 1 May 1975.

2. A holiday for workers that occurs on the first of May. May Day is a significant day for leftist groups and other proponents for the working class. It is more commonly celebrated in Europe than in the Americas. See also: Labor Day.

May Day

A widely used reference to May 1, 1975, the date on which brokerage commissions on securities became negotiable. May Day ushered in discount brokerage firms that charge investors reduced fees.
References in periodicals archive ?
The ministers congratulated workers in Bahrain on the International Labour Day, praising the landmark labour achievements during His Majesty King Hamad's prosperous era.
By Ayman Adly/Staff Reporte A number of expatriate workers received gifts on Thursday from the Ministry of Labour (MoL), as they took part in the International Labour Day celebrations in the Industrial Area.
Pakistan is celebrating the Labour Day since 1947 just after becoming member of international Labour Day (ILO).
MIRPUR (AJK) -- International Labour Day was being observed on Thursday throughout the world including Azad Jammu and Kashmir (AJK).
Addressing a symposium organised by the association on Tuesday to mark International Labour Day, Al Mamari said the study, in which the proposal to impose penalties has been suggested, also contains some solutions to address scenarios like employees in certain positions like bank staff and accountants who can take huge amounts of money and leave the country if they their passports with them.
The event, organised by the Tamil Social and Cultural Association (TASCA), will be held at The Indian School in Riffa on May 1 to mark International Labour Day.
Around 1,200 expatriate labourers and their managers took part in Qatar Foundation for Combating Human Trafficking (QFCHT)'s International Labour Day celebrations at Al-Rayan Theatre, Souq Waqif, yesterday.
Mohammad Julfar, assistant director general for Dubai Municipality, further pointed out that the municipality's events coincides with international Labour Day, and celebrates the rights of workers, particularly to their human rights which is guaranteed by the constitution and the laws of the UAE, in addition to international conventions on human rights.
In his letter on the occasion of International Labour Day, Surendar Valasai said, "I take the opportunity to draw your attention to the miserable lives of thousands of bonded labour hari/peasants freed on court orders in Sindh".
In his letter on the occasion of International Labour Day, Surendar Valasai said "I take the opportunity to draw your attention to the miserable lives of thousands of bonded labour Hari/peasants freed by Police on court orders in Sindh.
ISLAMABAD -- International Labour Day observed on May 1across the world including Pakistan to commemorate the social and economic achievements of workers.
SMS managing director, who is also Al Safa Polyclinic director Mohammed Mannil said that the group marked the International Labour Day to boost the morale of the labour workforce.

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