Citicorp To Replace ASX's Jecnet Delivery System


In an effort to improve the reliability and accessibility of Australian financial market data, the Australian Stock Exchange is replacing its antiquated Joint Exchange Computer Network (JECNET) data distribution system.

The replacement, scheduled for a May launch, will use data broadcasting technology developed by Citicorp's new Infocast subsidiary, which comprises the same team that was responsible for the International (London) Stock Exchange's Market Eye service. Infocast will broadcast t

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