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  4. Oct. 2006

Capital Markets & IT -lakyara

Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development. Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
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Oct. 2006

Brokerage Business

Principal Trading Costs

Hiroki Kato

Many management firms use principal trading for block trades and portfolio reshuffling. The execution price in such trades is equal to the reference price plus a premium. Quantitative analysis and assessment of this premium are necessary to ensure optimal execution.