Jefferies To Launch @harborside May11

ATS/ECN UPDATE

After beta-testing at some 200 client sites, officials confirm that Jefferies Group is planning to launch @harborside, its new alternative trading system, on May 11. Although Jefferies has opted to keep the project under wraps until it goes live, sources familiar with the system say it will allow institutions to negotiate block trades anonymously.

One of the firm's goals in creating the system was to use technology to help its sales desk become more efficient in finding natural counterparties for

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