So it was no surprise that the e-trading pioneer CME eventually absorbed its cross-town laggard.
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His long-term remedy: Go global with e-trading.
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Big trades, big data Increasing numbers of institutional investors are convinced of the benefits of e-trading platforms, according to Greenwich.
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Electronic trading could be one solution, at least for smaller deals - e-trading platform MarketAxess says secondary EM debt volumes rose 18 percent between 2013-2014.