Winters are fairly cold in the desert. The average highest temperature is in the upper 50s Fahrenheit. The average lowest temperature is near 30 degrees Fahrenheit (though it can drop down to about 5 or 10 degrees). Elevations range from 2,310 to 3,110 feet.
A landmark system for monetary and exchange rate management established in 1944. The Bretton Woods Agreement was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944.
The National Securities Clearing Corporation was established in 1976 and is a registered clearing corporation regulated by the U.S. Securities and Exchange Commission (SEC).efore its inception, huge demand of paper stock certificates were a reality for stock brokerages, causing the stock exchanges to close once a week. To overcome this problem, multilateral netting was proposed, leading to the formation of the NSCC.