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'Superspend' on Financial Data Centers 'Dysfunctional'

Can it be? Trading firms and marketplace operators are wasting money on the big "monolithic" data centers they're building, as electronic networks proliferate, market data explodes and volumes surge?

Proving a 'Beneficial' Shareholder Is, In Fact, a Shareholder

About 80 percent of U.S. shares held by individuals and institutions are recorded as electronic entries on the books of multiple financial intermediaries.