Putting all three big words together – innovation, competition, growth – there is clear recognition that the government agencies cannot possibly handle the tasks alone. We need the private sector to be our active partner. Here is where FINEX can play a major role. I mentioned at the onset that you are unique in your representation.
-3that time, the distinctions have blurred considerably further. Almost all midsize and large dealers now possess autoquoting capabilities and deploy them on Treasury trading platforms. Several primary dealers have even entered direct partnerships with proprietary trading firms, effectively outsourcing some parts of their market-making operations. The evolution of the dealer business model to incorporate advanced technology is not limited only to trading activity.