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-> AZX Agrees to Sell Piece of Market to Goldman,
Other Investors Are on the Horizon
--> On-Site to Offer WatcherPlus
--> CMS Mulling Over Linking BondEdge to Various
Online Bond Trading Systems
--> Northern Trust Takes Online FX Trading System Global
--> IN BRIEF
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IN THE NEWS
AZX AGREES TO SELL PIECE OF MARKET TO GOLDMAN, OTHER INVESTORS ARE
ON THE HORIZON
Sources say Goldman is leading a group that has tentatively agreed to
buy a chunk of the Arizona Stock Exchange, an electronic call market
for stocks. AZX is expected to use the cash to launch several new
auctions.
For the full story, click on <A
HREF="http://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43720">htt
p://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43720</A>
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ON-SITE TO OFFER WATCHERPLUS
In the next few weeks, On-Site, an electronic brokerage for active,
experienced investors, will provide access to Watcher's WatcherPlus
trading system. The initial rollout will be for 10 traders at On-
Site's Hallandale, Florida trading floor.
For the full story, click on <A
HREF="http://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43721">htt
p://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43721</A>
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CMS MULLING OVER LINKING BONDEDGE TO VARIOUS ONLINE BOND TRADING
SYSTEMS
To date, the company is only making inquiries about the possibilities,
but with its next-generation, thin-client version of BondEdge due next
year, CMS foresees seamless integration with ECNs.
For the full story, click on <A
HREF="http://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43722">htt
p://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43722</A>
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NORTHERN TRUST TAKES ONLINE FX TRADING SYSTEM GLOBAL
Partnering with Reuters, Northern Trust's Web-based FX Passport
offers Reuters news, Northern Trust market commentary and chat rooms
for money managers--in addition to pricing and trading functions.
For the full story, click on <A
HREF="http://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43723">htt
p://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43723</A>
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IN BRIEF
LIFFE successfully migrates financial options from open outcry to
electronic trading on its LIFFEConnect platform; Mark Barracca
appointed assistant general counsel at NexTrade Holdings; Transammonia
licenses Triple Point's Tempest 2000 cross-commodity trading and risk
management system. To get a quick roundup of the people, places and
events making news in electronic trading, click on
<A HREF="http://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43724">
http://www.wstonline.com/mfwt/parse.html?page=showarticle&aId=43724</A>
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