Thursday, June 7, 2007

Toronto exchange to take on rivals with technology

(Reuters) - TSX Group, which runs the Toronto Stock Exchange and TSX
Venture market, will battle upstart alternative trading systems
with improved technology infrastructure and new products, not
just on fees, Rik Parkhill, president of TSX Group's markets
unit, told an investor briefing.




TSX is replacing all of its trading engine hardware to
boost capacity and will introduce proprietary new software,
called Quantum, starting in the late summer.


Read more at Reuters.com Bonds News

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