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Stock Market & Financial Investment News

News Breaks
February 7, 2012
07:17 EDTBR
theflyonthewall.com: Broadridge selected by Bloomberg Tradebook for new self-clearing model
Broadridge Financial Solutions announced that Bloomberg Tradebook has selected Broadridge's consolidated business process outsourcing, or BPO, solution to support their equity and option clearance and settlement business. The agreement is designed to help Bloomberg Tradebook minimize its fixed-cost investment in technology and operational infrastructure while also creating new revenue-generating opportunities as it transitions from its current fully-disclosed clearing model to self-clearing. :theflyonthewall.com



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