The Digital Markets Demise

BEFORE THE SPIN

The unraveling of the Digital Markets experiment at Dresdner Kleinwort as detailed in this week's edition is troubling on many levels, but mostly because it serves as proof that IT innovation has a short lifespan in this industry and that IT pioneers must always have an escape plan ready in case Camelot crumbles.

To recap, the DM experiment, complete with cross-asset trading and the erosion of barriers based upon trading instruments, is coming to an end at DK, although there is a hint that some

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