Auto trading meets the OTC market
OPEN PLATFORM: OTC DERIVATIVES TRADING
As any buy- side firm involved in the OTC derivatives market will tell you, there is not an abundance of products available to automate their confirmation operations. But, argues Scrittura’s John Lewis, this is likely to change in the foreseeable future as firms and vendors start turning their attention to the buy side in what has up until now been a sell-side centric phenomenon.
Current OTC trading systems have been created with the expectation that there is a dedicated staff available for
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