MarketXT, Arca in SuperSoes Spat
EXCHANGE TECHNOLOGIES
NEW YORK--Financially troubled MarketXT claims fellow ECNs Archipelago and RediBook have failed to pay $6.4 million in trading fees during the first six months of 2002, according to NASD arbitration documents obtained by Trading Technology Week.
Archipelago, now the owner of RediBook, has denied the legitimacy of the claims. In addition, officials at Archipelago confirm that the matter is in arbitration but cannot comment further. MarketXT officials decline comment.
The crux of the disagreement is
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