Montreal Tests Automated Trading Link With Boston
THIS WEEK'S LEAD STORIES
The Boston Stock Exchange (BSE) and the Montreal Exchange (ME) this week will begin testing a one-way automated trading link that will allow Canadians to buy and sell US stocks listed on the BSE. The system will be fully implemented in June.
For the past five years, ME member firms have been able to trade stocks listed on the Boston exchange through ADP's Data Network Services (DNS), a message switch that routes orders between participating exchanges and brokerages. But the ADP system involves a
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