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Making Alliances Work

Clearers Help Clients to Find Better Vendor Solutions

Traders Magazine, November 2007

Gregory Bresiger

Among other things, clearing firms must be good intermediaries in arranging outside services for clients. Although ticket charges and services are still very important when deciding on a clearer today, there's an increasingly critical factor in the specialized clearing business: Even some of the 800-pound gorillas of clearing don't do it all, so they must farm out some services to vendors and third parties.

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