PT - JOURNAL ARTICLE AU - Jarod Winters AU - Scott Kurland TI - Clearing the Hurdle AID - 10.3905/jot.2007.688952 DP - 2007 Jun 30 TA - The Journal of Trading PG - 82--83 VI - 2 IP - 3 4099 - https://pm-research.com/content/2/3/82.short 4100 - https://pm-research.com/content/2/3/82.full AB - 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