Wofex Forms Management Team in Preparation for Upcoming Launch

INFRASTRUCTURE

NEW YORK--As Wofex prepares for its fourth-quarter launch (ITT, Aug. 7), it has announced the makeup of its newly formed management team, which will be responsible for creating the new trading venue.

The company is referring to its system as a "hybrid," an unprecedented method of providing institutional investors and broker/dealers with a central point of access to process a number of transactions. The Wofex system will offer the speed and matching qualities of an ECN in conjunction with the

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