Optimark's Star Ascended And Descended In 1999
ATS/ECN UPDATE
NEW YORK--At the beginning of 1999, Optimark was looking forward to a break out year. The Toronto Stock Exchange had signed on as an Optimark facility, as had the Pacific Stock Exchange. Chief Technology Officer Bill Adiletta outlined the components of what was described in the February 8 issue of ITT as a "middleware server" for anonymous equities order matching. Optimark was concentrating on increasing the capacity it would need once it became a facility of the Nasdaq, which was then slated
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