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The Coming World Of Global Trading: TFM Promises to Improve International Links

Traders Magazine, September 1999

Melody Marsalis

The securities industry is rallying forces to build a global stock trade processing application to handle the swelling volume of cross-border trades.

A group that represents U.S. and European financial institutions engaged in cross-border trades, dubs the new application, Transaction Flow Monitor (TFM). A secure underlying network will support TFM, a post trade, pre-settlement matching tool aimed primarily at fund managers.

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