Spring 2001

STRAIGHT THROUGH PROCESSING

Tackling the Challenges Of the Trading Cycle

The bad news is that the US securities industry runs the risk of losing billions of dollars each day to an antiquated clearing and settlement system. Federal Reserve chairman Alan Greenspan recently declared the US system outdated and in urgent need of an overhaul. Issues, including the explosive growth in trade volume, decimalization, extended trading hours, heightened customer expectations and globalization all place increased pressure on the cur

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: