Hedge Funds Get New Commission Management System
Traders Magazine Online News, July 15, 2011
MIK Fund Solutions, a five-year-old New York-based hedge fund software vendor, released a new broker tracking system for the buyside to help it manage its commission spend. The system is composed of applications that track hard and soft dollar commissions, sellside research services and event access, and a broker vote feature that drives future commission allocations.
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