Survival of the Smartest
What clearing and self-clearing brokers must do to survive and how you know it isn't worth the effort
Traders Magazine, June 2013
Time to pull the plug on the back office? The deathwatch and the questions never stop in the clearing industry. The costs of the business, which have been consistently rising at a time of increased regulation and declining margins, are forcing most clearing firms to think seriously about long-term strategy.
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