Merrin Readies Interfaces To 3rd-Party Trading Nets

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Under the ownership of ADP--and under pressure from marketplace changes wrought by the Internet--Merrin Financial has begun extending the scope of the Merrin trade order management system by building interfaces to a variety of trading and crossing networks, including ITG Inc.'s intraday equity stock crossing service known as Posit. The interfaces, which incorporate the Financial Information Exchange (FIX) protocol, are meant to allow direct access from Merrin's trade blotter to sources of li

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