Brokers Unite!

- WatersTechnology Staff
- 09 Nov 2009

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However, on Wall Street, co-ops just might become the next major trend. Of course there are industry-wide cooperatives such as Swift. However, we might see the rise of smaller cooperatives focused on specific member profiles. One example would be Mahogany Partners (see story, page 1), which looks to bring together agency brokerages that specialize in block trading. The firms have the block order flow, but don't have the same deep pockets of the bulge-bracket firms that can develop their own

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