NEW AVENUES TO SAVE REVENUES

The critical problem that arises when a customer becomes a competitor is the one which two big stock markets of the world, NASDAQ & NYSE are facing recently. To avoid the $100 million commission, top five financial firms Zurich based UBS AG, Goldman Sachs, Morgan Stanly, Merill Lynch & Lehman Brothers have decided to cater to their buyers and sellers themselves rather than going through the exchanges. The stand to follow computer algorithm method for selection of customers and catering to them has already brought down the Exchange’s business by 12%.

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Source : IIPM Editorial, 2006

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)