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R.P. Martin Solves STP Challenge Using ASPone, Reuters’ RTNS

At 01 Dec 2005 17:08:16 in ET-Trade Reporting, Electronic Trading    Print Article  Email Article   Full content requires subscription 

Interdealer broker R.P. Martin has developed a transaction affirmation and confirmation capability, with help from U.K.-based data integration and STP vendor ASPone, that allows voice brokers to enjoy the same STP benefits as those using purely electronic trading systems. The system forms part of Reuters’ new Trade Notification System (RTNS), and seeks to supersede Direct Deal Notification (DDN) and similar networks as the preferred trade-affirmation/confirmation system for brokers and their clients in the global OTC markets.



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