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Getting the Right Partner to Clear Your Trade Volume: A Clearing Broker's Size Does Help, But Sma

Traders Magazine, July 1998

Staff Reports

One thing is more certain than death and taxes in the arcane world of correspondent clearing: nothing stays the same.

Profound? Not exactly. Deep down, does it give consolation to the dozens of active trading desks scouring the nation regularly for larger broker dealers that will clear and settle their trades? Nope.

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