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| Author: | Murphy, P. |
| Title: | Too much, too fast. |
| Journal: | Banker
1988 : JAN, VOL. 138:743, p. 73-74 |
| Index terms: | BANKS UNITED KINGDOM STOCKBROKING ECONOMIC CRISIS AUTOMATION |
| Language: | eng |
| Abstract: | The mountain of paper work that has built up in settlements offices of U.K. banks after the October stock market crash and the need for firms to abide by the rules of risk evaluation and counter party risk position laid down by Securities & Investments Board. Growth of paper in equities market. Cost benefit analysis. Introduction of Taurus, transfer and automated registration of uncertified stock, but no central body like the U.S. Securities and Exchange Commission, and possible software solutions. |
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