Web-Based Prime Brokerage TFCN.com Gathers Steam Via Acquisitions, Members
TRANSACTION SYSTEMS
NEW YORK--A new, Web-based prime brokerage service, The Financial Commerce Network (TFCN) at http://www.tfcn.com, through Intrex.com Inc. (INEX), will be adding members starting Tuesday, August 17, in anticipation of a launch September 30.
Intrex.com has been busy putting together the pieces of its new service, hoping to attract small institutions as well as high net worth individuals. There will be a subscription charge for TFCN's services and a fixed cents per share fee for execution, says Todd
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