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CBOT Is Buying EJV Brokerage, Trading System For Treasuries

PROPRIETARY EXECUTION

The Chicago Board of Trade plans to acquire EJV Brokerage Inc., the EJV Partner L.P.-owned interdealer brokership and electronic order-matching trading system for U.S. Treasury securities. Sources say EJV Brokerage and its matching system carry the same $1 million price EJV paid when it bought the system from Quotron Systems Inc. 18 months ago (TST, Oct. 8, 1990).

The deal will allow the exchange to offer its members direct access to the EJV Brokerage's secondary market, adding to the system a

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