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Tagging trades

Aug 16 2012  Global regulators want brokers and investors to use identity tags in trades so they can more closely monitor potential systemic risks in markets. The tags, known as Legal Entity Identifiers, are 20-digit alphanumeric codes intended to streamline the system. Virginie O'Shea, analyst at Aite Group, discusses the issue with the FT's Philip Stafford.  (4m 46sec)
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