as wholesaler by buying, stocking and reselling supplies and services to other contracting authorities

Today , the wholesale market is located in the Frischezentrum , a new complex in the district of Kalbach .

For this purpose it acquired a site , the Grossmarkthalle area , from the City of Frankfurt .

By incorporating and converting the Grossmarkthalle , a truly unique ensemble will be created .

Until 4 June 2004 it was a wholesale market for fruit and vegetables .

Assembling suitable ranges of products is an important geographical function of wholesale distribution.

If confirmation is granted , construction works on the site of the former Grossmarkthalle will then continue in 2010 , with finalisation of the new premises foreseen for the beginning of 2014 .

The gains have been particularly strong in the distribution sectors wholesale and retail trade as well as in finance and real estate.

The money market differs somewhat from other financial markets in that it is typically a wholesale interbank market where transactions are large .

The European Central Bank is constructing its new premises on the former Großmarkthalle ( wholesale market ) site in Frankfurt am Main , Germany . Images of the ongoing construction works more

In total , 35 sites were investigated , one of which was the Grossmarkthalle ( the city 's former fruit and vegetable wholesale market hall ) in the Ostend district .

The European Central Bank ( ECB ) will be constructing its new headquarters up until 2014 on the site of the Grossmarkthalle ( former wholesale market hall ) in Frankfurt .

Having looked into 35 possible sites across the city , the ECB finally decided upon the site of the former Grossmarkthalle ( wholesale fruit and vegetable market ) , including the Grossmarkthalle building itself .

The entrance building constitutes the main entrance to the European Central Bank ( ECB ) on the Sonnemannstrasse and creates a visual link between the high rise and the Grossmarkthalle .

Three motifs were beamed in rotation onto the signature facade with its grid pattern of windows the first motif of fruit and vegetables recalled the building 's former function as a wholesale market hall

For over 75 years , the Grossmarkthalle served as the Frankfurt area 's wholesale market for fruit and vegetables until its relocation to the district of Kalbach .

The new premises of the European Central Bank ( ECB ) are being constructed on the former site of the wholesale market hall , the Grossmarkthalle , in Frankfurt 's Ostend district .

The experience of the original 11 participating Member States suggests that the wholesale banking sector and financial markets can be expected to switch to the euro unit at the very beginning of the transitional period .

STEP undertakes to create a de facto integrated wholesale market for short term debt instruments through the convergence of existing European markets .

The Grossmarkthalle site between the Osthafen docks and the city centre already has sound infrastructure links , also a legacy of the functional requirements of the former wholesale market .

The new premises will include a high rise building approximately 180 metres tall , the former wholesale market hall ( Großmarkthalle ) , other secondary buildings and a landscaped site .

6.2 FINANCIAL INTEGRATION TEN YEARS AFTER THE INTRODUCTION OF THE EURO OVERVIEW Considerable progress in financial integration The ECB 's financial integration indicators reveal that the progress achieved in the euro area varies considerably across market segments .

Information technology can be regarded as having been the main driving force behind recent changes in capacity in the EU banking systems , both at the retail and at the wholesale level .

The Financial Services Action Plan 1999 2005 ( FSAP ) aimed at laying the foundations for a strong financial market in the EU by pursuing three strategic objectives ensuring a Single Market for wholesale financial services

The ECB will build its new premises on the site of the former wholesale market in the eastern part of Frankfurt am Main , Germany , based on the design of the Viennese architectural office COOP HIMMELB ( L ) AU .

BANKING MARKETS While the euro area banking markets for wholesale and capital market related activities show clear signs of increasing integration , the retail banking segment has remained more fragmented .

On 5 March 2002 , the European Central Bank ( ECB ) and the City of Frankfurt am Main signed a notarised purchase agreement for the site of what is now the Großmarkthalle , Frankfurt 's wholesale fruit and vegetable market .

Although the many related delivery depots and warehouses , wharfs and disused freight tracks have left their industrial mark on the location , the area has been in a state of transition from industry to services since the wholesale market 's departure .

The new premises are to be built on the site of the Großmarkthalle ( wholesale market ) an area of 120,000 m2 on the river in the eastern part of Frankfurt am Main which the ECB purchased from the City of Frankfurt in March 2002 .

With a length of 220 m , a width of 50m and a maximum height of 23.50 m , it housed the wholesale fruit and vegetable market , which served not only Frankfurt but also the entire Rhine Main region .

The euro and the FSAP acted as a powerful catalyst for wholesale banking services , and in particular for euro area money markets , which have become almost completely integrated .

Another risk is that China s leaders continue to delay efforts to expand the services sector including finance, insurance, wholesale and retail trade, and logistics in the hope that the economy can continue to depend on manufacturing.

I believe that the United States did not for a moment harbour the view that a compromise solution could be discussed in this matter either.

Too many people are working in traditional, low productivity service industries, such as wholesale, retail trade, and restaurants, leaving modern, high productivity services like communications, health, financial intermediation, and business services underdeveloped.

It is worth noting , however , that when conducting these cross border activities , banks are becoming increasingly neutral as regards the geographical location of counterparties within the euro area for retail and wholesale segments alike .

Frontloading to central banks outside the euro area and non euro area credit institutions specialising in the wholesale distribution of banknotes to other credit institutions entails financial risk for the frontloading national central banks ( NCBs ) consequently , both central banks and specialised credit institutions must provide the relevant frontloading NCB with collateral , which shall be denominated in euro unless otherwise agreed .

Central banks outside the euro area and non euro area credit institutions specialising in the wholesale distribution of banknotes to other credit institutions are not counterparties to Eurosystem operations and therefore must settle the payment for the frontloaded amounts on the first business day of 2002 .

There is enormous scope for America s global services companies to expand in China, especially in transactions intensive distribution sectors wholesale and retail trade, domestic transportation, and supply chain logistics as well as in the processing segments of finance, health care, and data warehousing.

thus the conditions for frontloading to central banks outside the euro area and non euro area credit institutions specialising in the wholesale distribution of banknotes to other credit institutions must contain restrictions in order to avoid euro banknotes being put into circulation before 1 January 2002 .