| Kevin Milne | ||||||
Over the past year, straight-through processing (STP) has become something of a buzz phrase in the wholesale securities markets. Everyone talks of its importance, but progress toward the goal of 100% straight-through processing in trading has been slow and arduous, characterized by a lack of cooperation between the main technology players and foot-dragging on the part of many investment firms. Failure to cooperate between the industry leaders could hold the whole process back.
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