Spring 2001 - WatersTechnology.com

WatersTechnology Staff
01 Apr 2001

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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 Federal Reserve chairman Alan Greenspan recently declared the US system outdated and in urgent need of an overhaul.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

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