EDITTORIAL

EDITTORIAL

P>ECNs Are Turning Japanese Is Asia The Next Big Market?

It doesn't take a rocket scientist to figure out what Japan's big bang might mean for ECNs. In fact, check out the stories about Instinet and Bloomberg's Tradebook in this week's issue to get an idea how those two are gearing up in anticipation.

But while the potential market is undoubtedly huge, it's probably several years and many millions of marketing dollars before ECNs start to see significant results. Remember, Instinet's success in

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