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Buyside Sees Broker Consolidation

Traders Magazine, September 2011

John D'Antona Jr.

At a recent invitation-only forum sponsored by agency broker Bloomberg Tradebook, 76 percent of buyside traders in attendance said there will be fewer agency brokers in the future. Agency brokers, in the minds of the buyside, must provide other services besides trading in order to differentiate themselves, or otherwise face extinction.

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