Cross Border Exchange Readies ASP Debut

OPERATIONS AND STP

NEW YORK--The Cross Border Exchange, an application service provider (ASP) trading and STP network, will go live with 60 to 80 broker/dealers on its Axes network in the first half of 2003, says president and chief operating officer (COO) Joe Anastasio.

A total of 81 brokers--one for each national market--are expected to join by mid-2003, says Gary Brackenridge, head of business and product development.

The Axes network is powered by GeoTrades, which provides automated order entry, routing

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