Proposed Fedline Paves Way For Automated Treasury Auctions
MANAGEMENT AND STRATEGY
The Federal Reserve Bank has set a first quarter 1992 launch date for Standard Fedline, which would allow direct submission of bids for Treasury auctions. A Fast Fedline version of the PC-based software will follow by the end of 1992, with features catering to more aggressive bidders.
For investors and money managers anxious to take advantage of Treasury Department rule changes introduced last month to encourage direct bidding, the system will make access to a more level playing field in the
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