Port Extranet Is Shelved After Proposing Trading Standard

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NEW YORK--The Port, the proposed global extranet for securities trading Andersen Consulting has been marketing to the securities industry for the past year, has died a quiet death sources say. The brainchild of Andersen Consulting and the Worshipful Company of Information Technologists, a London trade association, Port was initially intended to establish nothing short of a global virtual private network to facilitate securities trading. By the beginning of this year, the proposal had been scaled

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