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FIXED INCOME SPECIAL REPORT
Creating a Bond Lingua Franca
The fixed income community hopes to link trading and settlement with a single standard. By Daniel Doscas
With the expansion of individual dealer Websites, commingled consortium sites, anonymous and disclosed exchanges and click-through execution, the fixed income community is certainly moving forward. However, in order to advance, the industry must develop a standard way of communicating between counterparties.
Last year’s pilot test between Putnam Investments and
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