New Frontiers

TRADING SYSTEMS

New York brokerage house Auerbach Grayson is lending its support to a new electronic agency brokerage that will provide traders with access to more than 90 countries for trading equities and equity derivatives. The cross-border effort, code-named Axes, will kick off a FIX-based pilot program this spring and will go live in the summer if all goes well.

As reported in Waters' sibling newsletter Dealing with Technology, Axes will deal in global equities and equities-related products and eventually

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