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Centradia Five-Bank Consortium Readies For Live Date

TRANSACTION SYSTEMS

LONDON--Centradia, the five-bank consortium for trading treasury and capital markets electronically, is getting ready to go live at its five member banks and some of their institutional clients in the fourth quarter, with the intention of launching in the first quarter of 2002.

In the first phase Centradia will begin with trading and research on foreign exchange: spots, forwards (forward-forward and uneven) and outrights, money markets, loans and deposits and corporate bonds in the five languages

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