Special Issue: Retrospective Of 1996, A Year Of Rallies

FRONT PAGE

Financial markets rallied in 1996 pushing equities to rich new highs. The stampeding bull market filled a great many mutual and pension fund coffers with large net cash inflows.

Money managers had to search for investment vehicles, while buy-side traders, technologists and operations pros tried to deal with voluminous new accounts and keep track of much more portfolio activity--all within a shorter settlement cycle.

That kept everyone in the investment community rallying to continue automating

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