Ereorg.com Takes Debt Market Online; Partners with Emergent Enterprises

TRANSACTION SYSTEMS

NEW YORK--Ereorg.com, launched in late 1999, is bringing secondary debt trading online with its eponymous, on-line auction market. Simultaneously, it is partnering with Emergent Enterprises, a broker-dealer specializing in emerging markets debt, to spin off a similar online system for that market.

Currently, Ereorg.com is putting the finishing touches on its platform for secondary debt and has about 40 user firms that should be using it at the official launch date planned in the next few weeks.

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