SHORT STORIES

SHORT STORIES

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NASD Link with Eurobond Group

When Association of International Bond Dealers scrapped plans to build NASDAQ-like system, it appeared budding relationship between Eurobond trade association and NASD was over. But courtship has continued in private. NASD is helping AIBD build computerized trade-confirmation system, says Robert Riess, NASD vice president, systems planning. AIBD's $8.9 million Trade Accounting and Reconciliation System was approved by Eurobond dealers in lieu of quote system. TRAX

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