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Buyside Under Fire To Evaluate Brokers

Traders Magazine, January 2003

Peter Chapman

Controversial new trading guidelines from a respected industry organization are starting to influence how the buyside evaluates its brokers. The Association for Investment Management and Research (AIMR) has suggested buyside desks consider using government-mandated statistics that measure small-order execution quality as a part of an overall transaction cost analysis program. It is one of several recommendations made in the AIMR trade management guidelines, which were published late last year [see Washington Watch].

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