STP SPOTLIGHT

STP SPOTLIGHT

THE GSTPA STAKES ITS GROUND IN 1998

The industry's commitment to STP was underlined by the formal legalization of the Global Straight Through Processing Association (GSTPA) in July. The Association is structured as a "Company Limited By Guarantee," and consists of an executive committee representing 12 firms and general membership comprising representatives of approximately 10 firms. Art Thomas, senior vice president and director of global operations at Merrill Lynch, serves as the chairman of

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