BRIEF OBJECTS

BRIEF OBJECTS

ITALIAN STOCK EXCHANGE USES TIBMERCURY

Tibco announced last week that Cedborsa, which provides order routing to the Italian Stock Exchange, has replaced its existing order routing system with Tibco's TIBMercury order-routing software. The new installation will allow for higher volumes of up to 200,000 messages per day on the Italian exchange, say Tibco officials. All phases of the project are due for completion by the end of this year. The TIBMercury solution will manage the life cycle of trade

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