The Tech-Services Match
Traders Magazine, November 2000
Technology is often thought of as the way to get trading done faster, cheaper and better, and that's correct. In fact, rapid changes in the structure of the securities markets have necessitated large-scale systems expenditures on the Street. They are the ones you would expect: T1 communication lines, virtual private networks, high-end trading and portfolio management software.
But technology alone is not the silver bullet of successful trading. Even more important is the building of a strategic fit between trading firms' technological products and services.
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