Issue 15 – The Trade Jan-Mar 2008
Back-office costs have been largely overlooked as the market focuses on ‘best execution’ and transaction cost analysis (TCA). But that is set to change as buy-side firms that trade equities address the massive rise in trade deliveries and end-settlements.

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Issue 14 - The TRADE, Cover Story Oct-Dec 2007
Christoph Mast, RCM/Allianz Global Investors is profiled. “We want to execute on multiple venues, but reduce ticketing cost by booking our trades through a single counterparty. If brokers can’t do this, then the industry will need to create ‘aggregators’,” said Mast.

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TABB REPORT Summer 2007
Overall, the most important gambit for solving these challenges will be providing buy-side institutions with aggregation tools that enable the trader to execute wherever he finds liquidity-regardless of back-end complications and costs-to facilitate best execution and launch an efficient process.

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THE JOURNAL OF TRADING Summer 2007
Jarod Winters; Scott Kurland
Clearing the Hurdle explores the impact that market fragmentation is having on back-office settlement and allocation processes for asset managers, custodians, and executing brokers, and how some buy-side firms are addressing the rising costs associated with an increasing number of trade tickets, fails, and settlement counterparties.

To get a copy of the full article please: Click here or call 212-485-5120