SMPG Awaits Feedback on Corporate Actions Options Message Standards

NEW YORK - The Securities Market Practice Group (SMPG) is set to revise the standards proposal for corporate actions options messages in the Corporate Actions Working Group's first 2009 teleconference meeting after the SMPG member countries have reviewed the proposal in their national groups, officials tell Inside Reference Data.

The SMPG, which aims to enable consistent implementation of processes in the securities industry for trade initiation and confirmation, settlements, reconciliation and c

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