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Ignorance Is Not Bliss: Sellsiders Plead for Understanding

Traders Magazine, November 2001

Sanford Wexler

The buyside does not understand the difficult steps the sellside must sometimes take to find liquidity, according to several sellside traders contacted by Traders Magazine. Whether or not this is true, some sellsiders say the buyside must hear their case. The target of tough talk by critics of market structure in the U.S., these sellside pros were taken to task by buyside traders in a recent Traders Magazine story. The buyside meted out the usual criticism of the sellside, ranging from a lack of capital commitment to a call for more privacy in the handling of block trade data.

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