The Brexit vote, which refers to the referendum on the UK`s decision to leave the EU, could have had a negative impact on the US stock market, but Cunningham assured agents and therefore shareholders that the NYSE`s business model would stabilize and protect the capital of NYSE-listed companies. Ordered markets usually have stable and competitive prices that reflect the real value of the good or service. For securities markets, the market surveillance team of a specialist exchange is the entity responsible for ensuring an orderly market. Specialists do this by intervening with their own capital when there are not enough buyers or sellers. This helps reduce market volatility. In a disordered market, market manipulation, insider trading and other violations can occur. Only the United States has adopted an orderly marketing regime for the import of textiles, steel, automobiles, electronic devices and footwear.  In the late 1960s and early 1970s, a marketing agreement was introduced in the steel industry. This agreement took place when the U.S. government hired steel industries, particularly from Japan and Europe. This represented the idea of self-restrictions on steel products entering the US market. Meanwhile, there was a letter from the steel industries of Japan and Europe to the United States presenting the action plan. Kissinger`s consumer union explains that the deal was not a formal operation and was more informal than most marketing deals.
For this reason, orderly marketing agreements are strict from government to government and formal agreements where voluntary restriction agreements are less formal. Restrictive agreements are not legally binding and are used by the exporting country to avoid major trade problems.  Moderation agreements and orderly marketing agreements are considered grey area measures and have been banned by the World Trade Organisation since 1995. All grey area measures in force at the time were abandoned in 1999.  Ordered marketing agreements also emphasize the difference between binding and non-binding agreements. Orderly marketing agreements are contained in withholding agreements; However, restraint agreements can also refer to trade agreements between industry and governments. The Consumers` Union distinguishes between binding and non-binding agreements as states and from one government to another. The effects on national and international law differ between binding and non-binding agreements. An agreement could cause problems with national law, but not with international law or vice versa. The desire for orderly marketing agreements has increased due to the increasing pressure exerted by ever-changing import flows and global trade flows, which has led to orderly marketing agreements becoming a political instrument. If no agreement is negotiated, the importing country may pursue a rather unilateral trade policy.
 The rules of the stock exchange prohibit specialists from trading in front of investors who have placed orders to buy or sell a security at the same price. When a market is messy, investors may lack the confidence to participate. The Federal Reserve also seeks to promote an orderly functioning of the market by ensuring market liquidity. Harbert`s assertion that the creditors` agreement must be found to be unlawful under article 12 (c) is also unfounded. The advent of fintech has opened up new conversations about maintaining orderly markets. In 2017, Nasdaq hosted the European Parliament, the European Commission, the European Securities and Markets Authority (ESMA) and several representatives of national supervisors, exchanges and market participants for a discussion on fintech and its role in maintaining fair and orderly markets. One of the conclusions of the discussion was the agreed need for further cooperation and openness between capital market participants and the FinTech sector. When a particular catalyst threatens an orderly market, several players may be responsible for dealing with that threat and maintaining an orderly market.
For example, on June 23, 2016, when the UNITED Kingdom voted to leave the European Union (EU), the Chief Operating Officer of the New York Stock Exchange (NYSE), Stacey Cunningham, calmed down fund managers and Down Wall Street traders for an entire night. NYSE Designated Market Makers (DMMs) closely monitor the markets and use their own capital to minimize disruption and create price efficiency. This is especially useful in a volatile market. The day after Cunningham`s intervention, DMMs addressed global market uncertainty caused by the EU`s political upheaval by adjusting free market prices to better reflect the real supply and demand for shares. Orderly marketing agreements deal directly with political tensions in importing countries with an increasing number of imports. Disruption to the competitive production of imports can occur when there is a sudden increase in a particular import into a country. This would lead to undesirable economic problems for the factors of production concerned, and an orderly marketing regime could therefore be put in place to counter the increase in imports. Orderly marketing agreements help protect against more permanent protectionist measures such as import quotas and tariffs.  These agreements are also restrictive and often affect prices, international relations and free trade.