Brut To Join Electronic Trading Systems

ATS/ECN UPDATE

NEW YORK--Leading ECN The BRASS Utility, LLC (BRUT), a subsidiary of Sungard Data Systems, announced that it has signed a letter of intent to join with seven electronic trading systems in the formation of an after-hours trading network. BRUT, along with Archipelago, Bloom berg Tradebook, Instinet Corp., The Island ECN, Market XT, REDIBook and Strike Technologies, will comprise a transparent after-hours network that will make trading interest on each of the participating electronic trading

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