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Birth of an Industry

Traders Magazine, April 2001

Sanford Wexler

The SEC's "Disclosure of Order Execution and Routing Practices" could soon be generating revenue for several industry vendors. One vendor, Transaction Auditing Group (TAG), says it saw it coming. Demand for the firm's execution quality measurement software, has increased as a direct result of the new regulation.

"We have been ready to do this since the end of last year," said Alan Shapiro, president of the Northport, N.Y.-based firm.

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