NEW YORK - An agreement brokered by the The Securities Industry Association may help custody banks and securities firms better conform with new Securities and Exchange Commission rules that have reduced from five days to three the time from when a trade is made to when actual funds change hands.

As part of its agreement with Thomson Financial Services, the Depository Trust Co. will consider proposing a new fee arrangement for linking its Interactive ID institutional trade confirmation system with compatible systems operated by others, such as Thomson's Oasys system.

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