Thursday, January 10, 2013

Leveraged Loan Market Going Digital to Replace 4 Million Faxes - Bloomberg

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Leveraged Loan Market Going Digital to Replace 4 Million Faxes

Bloomberg


While lending has grown 130 percent since 2008, loan trades still take as long as three weeks to settle, compared with three days for stocks and bonds. Modernizing the largely unregulated market, which has financed companies such as MGM Resorts ...



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