BRIEF OBJECTS

BRIEF OBJECTS

FNX SELLS INTERMARK TO EMPLOYEES

FNX, the London-based provider of trading systems and consulting services, has sold its Intermark division to two employees--managing director Ravi Jain and chief technology officer Gena Ioffe--who have formed a new company, Focus Financial Systems. The new firm is centered around FNX's Focus, a Microsoft Windows-based trading and risk management system that FNX purchased in 1997 and sold under the Intermark aegis. The Intermark development and support team will

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