Brokertec Says "OM"

NEWS RETRIEVAL - compiled by Samara Zwanger

Brokertec Global (btec.com)has made its choice. The company, which is backed by some of the heaviest hitters on Wall Street, signed a five-year agreement with OM Technology (omgroup.com)to provide and operate its electronic fixed-income trading platforms. Both of them. Brokertec plans to operate two platforms, one in Europe for euro-denominated sovereign debt and one in the US for US Treasuries. Both are slated to go live in the first half of this year, and both will run on a customized version

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