Commercial banks are slowly gaining market share in the business of selling short-term investments to companies looking to temporarily park their cash, according to a recent study.

The study of 381 companies with revenues over $100 million, by Treasury Strategies Inc., a Chicago research firm, revealed that sales of short-term instruments, such as money market mutual funds and commercial paper, were down 6% at securities dealers this year. Commercial banks, along with mutual fund companies and investment advisers, were able to pick up some of the slack.

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