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D.E. Shaw Securities Hires Agency Block-Trading Team: An Aggressive Push for Market Share Heats Up

Traders Magazine, January 1998

John A. Byrne

DE. Shaw Securities has embarked on a new business goal, elbowing for more room among the bulge-bracket firms that trade most of Wall Street's agency block orders.

The New York-based broker dealer is directing the operation out of its 50-person U.S. equities unit on the 25th floor of the firm's midtown Manhattan offices.

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