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Challenges for the buy-side and research providers become a reality as SEC allows ‘no-action’ research letter to lapse

The TRADE

The Securities and Exchange Commission (SEC) has allowed its no-action letter to the Securities Industry and Financial Markets Association (SIFMA), based on enforcements surrounding research services, to expire – reinforcing that it was not intended to be permanent solution.

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Trading at the frontier

The TRADE

The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. And sitting on its global trading desks are a pod of traders known for their ability to interact with some of the most inaccessible financial markets around the world.

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The 20 greatest trading innovations

The TRADE

Its black background and computerised white text might seem a little out of date to individuals outside of the industry but its role in the financial markets has cemented this interface as a poster child for financial services. In years gone by, buy-side firms have placed orders via a sell-side broker to be traded on exchange.

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