The Binder manual Appendix A says

All of the services of the linkage editor and batch loader can be performed by 
the
program management binder. We recommend that you convert to exclusive use of
the binder. However, if you do need to use the linkage editor or batch loader, 
most
of the information in this document is applicable with a few differences. This
appendix describes those differences.

Charles

-----Original Message-----
From: IBM Mainframe Discussion List [mailto:IBM-MAIN@LISTSERV.UA.EDU] On Behalf 
Of Tom Marchant
Sent: Tuesday, January 26, 2016 10:03 AM
To: IBM-MAIN@LISTSERV.UA.EDU
Subject: Re: COBOL v5

On Tue, 26 Jan 2016 10:48:40 -0600, Bill Woodger wrote:

>On Tuesday, 26 January 2016 16:22:32 UTC, Warren, Cliff  wrote:
>> I use Enterprise PLI  V3 and it does require you to compile into a 
>> PDSE
>
>The PROC you are using is set up to use the Binder. Other PROCs are set 
>up to use the Link-Editor.

AFAIK, the Binder can do anything that the Linkage Editor can do. In 
particular, the Binder is perfectly capable of producing a load module, which 
is stored in a PDS, or a program object, stored in a PDSE or Unix file.

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