Digital Transactions Inc. Develops Software For The Commercial Paper Market
THIS WEEK'S LEAD STORIES
When corporations first began issuing commercial paper in the mid- 1800s, bankers stored the notes inside their stovepipe hats while calling on potential buyers. The invention of the telephone revolutionized the market by allowing dealers to sell commercial paper while sitting at their desks, but more than a century later notes are still delivered by hand.
Digital Transactions Inc. believes the commercial paper market's anachronistic issuance and placement practices are ripe for innovation. The
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