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Nasdaq Pros Skeptical About Explicit Fees

Traders Magazine, January 2002

Peter Chapman

Net trading in Nasdaq is slowly disappearing, but some on the buyside are worried about what comes next. That was apparent at the annual convention of the Security Traders Association of Chicago. At a panel discussion, a trio of industry heavyweights argued that explicit fees and agency trading are the future. Executives from Goldman Sachs, Putnam Investments and Nasdaq pitched, but not every buyside trader caught.

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