Operationally efficient market

Operationally efficient market

Market in which investors can obtain transactions services that reflect the true costs associated with furnishing those services. Also called an efficient market.
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The standardized nature of the index, coupled with the fact that trades can be confirmed through DTCC, will pave the way for a liquid and operationally efficient market," added Kevin Gould, Executive Vice President and Head of Data Products and Analytics at Markit.

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