E-Crossnet Appoints Merrill Broker, Bloomberg In Back Office

ORDER MANAGEMENT

LONDON--E-Crossnet has tapped Bloomberg to provide technology service and Merrill Lynch to act as broker and maintain clearing and settlement services.

E-Crossnet's board ratified the appointments on October 14, after having examined proposals from 15 investment banks and 23 technology providers. There was unanimous agreement on each appointment by both E-Crossnet's management and board. In a statement, E-Crossnet said Mercury Asset Management took no part in the vote. Some of the technology

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