July 8, 2010

Co-Authors

Justin Schack

Director

Joe Gawronski

President and COO

Rosenblatt Securities Inc.
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Rosenblatt’s Market Structure News Digest

Global Exchanges and Market Centers

 

Fed Sells $1.15 Billion of Term Deposits in Auction
—Bloomberg

The Federal Reserve said it sold $1.15 billion in deposits in the first test of a credit- tightening tool it may use to drain a near-record amount of cash from the banking system. 

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