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The CAT project already had some doubters on the buy side before it hit a major snag earlier this month.
The big data project, the consolidated audit trail (CAT) to collect every order, cancellation, modification and trade execution for all exchange-listed equities and options transacted via U.S. financial markets, apparently had some doubters on the buy side before the project hit a major snag earlier this month The concerns of buy-side equity traders about the...
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