Wednesday, April 13, 2005

If work was like CSI Miami

LAPHROAIG: So what do we have?

TEAM MEMBER: Getting rejected on this order. "Orderbook does not exist".

LAPHROAIG: What's the stock?

TEAM MEMBER: Dexia.

LAPHROAIG: Dexia, so that would be Euronext. And what does Euronext use as the instrumentation identifier?

TEAM MEMBER: It's the isin. But we've checked that. It's all fine.

LAPHROAIG: The international stock identifier number. Indeed it is. But you know what's special about Dexia?

TEAM MEMBER: It's Belgian?

LAPHROAIG: Yes, but the majority of the volume is in Paris, not Brussels, and isins --

TEAM MEMBER: ... only identify the stock, not the line. So we've been trying to trade the Brussels line --

LAPHROAIG: In Paris.

[LAPHROAIG looks smug while staring enigmatically into the distance.]

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