Six Companies Vie To Build EC Pipe Network

THIS WEEK'S LEAD STORIES

The Federation of Stock Exchanges in the European Community (FSEEC) has invited six companies to submit detailed proposals for building a pan-European market data network called Pipe. The shortlist was culled from 40 responses, including some from multiple parties, to a request for qualification (RFQ) issued by the FSEEC last fall (MTR, Oct. 16, 1989).

The Pipe network will link the exchanges of the 12 EC nations, carrying both real-time quotes and last-trade prices. But sources say Pipe also

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