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Paladyne introduces short availability manager
18 August 2010
As hedge funds face skyrocketing borrow costs on securities transactions, a new offering by Paladyne aims to help
A new offering from Paladyne Systems, a solutions provider for the hedge fund industry, can help hedge funds cope with the new reporting requirements, locate the stocks they need to borrow, and compare pricing among brokers for maintaining short positions. On Tuesday, Paladyne is rolling out a specialized module, the Short Availability Manager, to handle these functions as key part of an update...
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