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Traders Magazine, September 2007

Michael Scotti

It's not a stretch to say equity traders earned their pay last month-markets whipsawed after the subprime mortgage mess spread to the equity markets. Volumes went through the roof, with equities seeing days of greater than 10 billion shares trading hands and others in the 9-billion-share range. That's certainly good for the trading business. It will be interesting to see how it affects agency firms this quarter.

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