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Making My Day

Traders Magazine, February 2007

Michael Scotti

Every now and then, an editor receives positive feedback from a reader that makes his day. Last month I received an unsolicited phone call from the head of a major trading desk. He called to congratulate our staff on our story on commission sharing arrangements (CSAs). The cover story ran in December. It so happened that CSAs made up a large portion of one of his firm's morning meetings, and senior executives quoted several passages from our article, he said. He then asked if he could get an electronic copy, so he could distribute it internally and to select institutional clients. It was already on our Web site, so I was happy to oblige and sent him the link. I passed on the good word to the story's authors: staffers Gregory Bresiger and Peter Chapman, as well as freelancer Hillary Jackson.

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