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Your uses of the terms "buy-side" and "sell-side" do not conform to how the financial community (of which the author of this blog post is a member) uses them. I
by harryh 13y ago
Your uses of the terms "buy-side" and "sell-side" do not conform to how the financial community (of which the author of this blog post is a member) uses them. It's not the buying vs selling of securities. It's the buying vs selling of financial services (of which liquidity is one).
- RockyMcNuts 13y agoYour definition is probably better but I wouldn't expect more than 20% of people in the industry to define it correctly that way. (and the buy side is selling financial services to someone too...the buy side holds portfolios of securities, sell side makes money generating transactions...distinction can get quite arbitrary when you have buy side strategies that involve lots of transactions and selling liquidity) bottom line is... greasing the wheels of commerce good, making wonky wheels so some goofball can sell more grease services bad.