A Brave New World of Fees: How a Common Mission Unites Industry Foes
Traders Magazine, June 2002
In a Jersey City conference room earlier this year, representatives from twelve of the Street's biggest institutional brokerages sat down to discuss a mutual problem. It was a rare event and most of the reps weren't enthusiastic about breaking bread with competitors. But the task at hand - building an order management system for fee-based trading of Nasdaq shares - was mission critical for all of them.
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