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Tapping Nasdaq for its core technology and operational services, the German banking giant plans to launch a new U.S. SDP by the third quarter.
Deutsche Bank Securities Inc. will be using the market technology infrastructure offerings of Nasdaq to build its forthcoming, U.S.-based single-dealer platform, which Nasdaq will host, officials say. The single-dealer platform (SDP) usually consists of software applied by an investment bank to capital markets “to deliver trading and associated services via the web,” according to Wikipedia....
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