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LEIs Offer Benefits To Trading Operations

Traders Magazine Online News, July 31, 2012

James Armstrong

The United States has taken a big step toward a standardized system to clearly identify counterparties. So-called Legal Entity Identifiers, or LEIs, are not here quite yet, but their forerunners are, and equity traders should take note, as the new IDs could help firms better analyze risk and ultimately make more money.

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