Dominion's Hedging System Combines IAC, Algorithmics

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Dominion Securities Inc., the securities arm of Royal Bank of Canada, is testing a hedging system for its equities and derivative products operation that brings together Integrated Analytics Corp.'s MarketMind and Algorithmics Inc.'s HedgeWatch products. Indeed, the two vendors have worked so closely on the implementation that they've decided to create a joint venture to further develop the system and market it worldwide.

MarketMind is a decision support system that uses so-called fuzzy logic to

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