May Day

(redirected from International Workers' Day)
Also found in: Dictionary, Thesaurus, Encyclopedia.

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 ?
Far-right governments have traditionally sought to repress the message behind International Workers' Day, with fascist governments in Portugal, Italy, Germany and Spain abolishing the workers' holiday.
The Bulgarian Socialist Party (BSP) will stage a protest against "the policy of robbing the people" pursued by center-right ruling party GERB on May 1, the International Workers' Day, according to BSP leader Sergey Stanishev.
As many as 453 union leaders from 50 nations and regions will arrive in Cuba to mark the International Workers' Day on May 1 in Havana's Jose Marti Revolution Square.
Ortega, the longtime leader of the Frente Sandinista de Liberacion Nacional (FSLN), showcased his populist push with a nationally televised speech on May 1, International Workers' Day.
Leader of the General Union for Syrian workers' unions, Ahaban Azuz, used International Workers' Day on Sunday May 1, to express his organization's support for the Syrian leadership, according to Syrian news agency Sana May 2 Azuz pointed to the current circumstances in Syria and said that "the working class is determined to do all it can to defeat the conspiracy we are facing, and to support the reforms that have been initiated recently".
But unions accused the Tories of attacking the celebration of international workers' day on May 1.
Independent (NTUC-I) on the occasion of the 121st International Workers' Day in Lalitpur today, Koirala said workers' movements have brought great changes in the world.
In the last few years labor activists have celebrated the May 1 International Workers' Day.
Evo Morales announced the decree at a rally to mark international workers' day on Friday, and ordered troops to take control of the company's operations.
President of Kyrgyzstan Kurmanbek Bakiev congratulated Kyrgyz citizens on International Workers' Day of May 1.
celebrating International Workers' Day by honouring the blue collar staff at their school.
I was invited to attend a "teach-in" the other evening for one of the organizations planning the celebration of International Workers' Day, also called "A Day Without Immigrants.

Full browser ?