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Advice for the Sellside:Buyside Comments and Complaints

Traders Magazine, August 2001

Gregory Bresiger & Sanford Wexler

The sellside is dreadful. It doesn't provide best execution. Dealers are swapping the details of executions without a thought of how it hurts the buyside. The sellside doesn't understand its customers. It doesn't understand fragmentation. It doesn't understand the changing nature of markets and how they can hurt their customers. The comments of a critical regulatory agency that has just released a scalding report on sellside practices? Not at all. These are some of a series of complaints from buyside traders given to Traders Magazine in a series of interviews.

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