I'm currently reading the notes (rather a book) of an MIT preliminary math course for discrete mathematics.
In section on page 39, some ZFC axioms are written and roughly explained.
For example, the "Union" axiom states the following:
$$\forall z. \exists u \forall x. (\exists y. x \in y \space \land y \in z) \iff x \in u.$$
And the "Pairing" axiom states the following:
$$\forall x, y. \exists u. \forall z. [z \in u \iff (z = x \space \lor z = y)]$$
So the "Union" axiom contains something like $\exists u \forall x$, whereas the "Pairing" axiom has a period between both quantifiers: $\exists u. \forall z.$
So what is the point (pun intended) of the period? As far as I can tell, a period indicates that the statement before it relates to the one after it, that is, $\forall x. \exists y$ means "For all $x$, there exists a $y$." OTOH, $\forall x \exists y$ simply means "For all $x$ and for some $y$."
Is that correct? Or what is the meaning of inserting a period?
Besides, why is there no $.$ at the end of the "Pairing" axiom?
I think the period is used as a substitute for parentheses, to indicate the scope of a quantifier. It seems to mean that the scope of the preceding quantifier extends as far as possible, i.e., to the end of the formula unless it is blocked by an actual parenthesis. Here is the axiom of unions in more usual notation; square brackets have been added to replace the periods:
$$\forall z\ [\ \exists u\ \forall x\ [\ (\exists y\ [\ x\in y\land y\in z\ ]\ )\iff x\in u\ ]\ ]$$
Edit. In a comment, Mauro ALLEGRANZA provided a reference to The Notation in Principia Mathematica.