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The Basket TradingTechnology Boom: Young Turks Pledge Faster Basket Executions

Traders Magazine, February 2001

Peter Chapman

A group of upstarts is using advanced technology to give traders more choices than ever to execute multi-security baskets.

At least five technology shops now offer products they say make basket trading easier, faster, cheaper and more sophisticated. Three have popped up in just the last three years. Four are operated by discount brokers. One is a software publisher that charges for its services in the same way as a broker.

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