Different types of entities operate in very different ways in the global markets. Here, we focus on how entities organize their operations when trading outside their national boundaries rather than in their home markets (see Figure 1.3). In the next chapter, we look at the actual trading process alternatives. The descriptions that we provide here are typical based on our research. We are sure there are exceptions.


Figure 1.3 Entities differ in the way they organize to accommodate a global trading market.

We look at buy-side and sell-side entities, but also trading venues. Globalization in the trading markets is well developed and is ...

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