TY - JOUR T1 - Clearing the Hurdle JF - The Journal of Trading SP - 82 LP - 83 DO - 10.3905/jot.2007.688952 VL - 2 IS - 3 AU - Jarod Winters AU - Scott Kurland Y1 - 2007/06/30 UR - https://pm-research.com/content/2/3/82.abstract N2 - 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.TOPICS: Exchanges/markets/clearinghouses, legal/regulatory/public policy ER -