AUTEX, London Ise Deal For Block Trading Unit
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Autex Systems, Inc. is talking with the International Stock Exchange of London about providing its block trading service to the exchange. The ISE is in the process of obtaining regulatory approval for Autex's Trading Information System and agreement is expected soon.
The block trading facility will be offered in lieu of BLOX, the internal system which the ISE has now decided not to develop. As part of the deal, Autex is prepared to license its Trading Information System to the exchange should the
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