Buy Side Speaks Out Against DTC Initiatives At Thomson-Organized Rally


Thomson Financial Services Inc. hosted a conference last week at Salomon Brothers Inc.'s New York City headquarters on the subject of preparing back- and front-office systems for the reduction of the settlement cycle to three days. Thomson's ostensible motive was to increase financial industry awareness of the fact that only 15 months remain until T+3 settlement becomes mandatory--but it was clear that Thomson was also aiming to put pressure on the Depository Trust Co. to permit Thomson's

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: