PT  - JOURNAL ARTICLE
AU  - Jonathan Auerbach
AU  - Peter Eisenberger
TI  - The Case for a Global Execution Solution
DP  - 2002 Mar 20
TA  - Trading
PG  - 81--83
VI  - 2002
IP  - 1
4099  - http://guides.pm-research.com/content/2002/1/81.short
4100  - http://guides.pm-research.com/content/2002/1/81.full
AB  - The institutional network that generates global transactions involves literally tens of thousands of asset managers and broker-dealers of varying size and scope, in contrast to a relatively few and mostly very large global custodians and subcustodian networks that safeguard the assets in different countries. This presents one of the industry's greatest challenges. The proposed solution is to use the Internet to provide a common infrastructure for order entry and execution that connects all these many different parties on an efficient, timely, and cost-effective basis, and at the same time gives them a fully transparent audit trail.