IBM Wins Worldwide Rights To ISE's New RDXII System

THIS WEEK'S LEAD STORIES

The IBM-based trading room system developed by the International (London) Stock Exchange is preparing to cross the Channel and may one day reach the other side of the Atlantic.

IBM recently obtained worldwide marketing rights to RDXII, the upgrade of the RADIX system that it has been selling in the U.K. since September 1987. While the system was under development at the ISE from 1985 to 1987, it was known as ORBIT.

The agreement announced by IBM and the ISE in London earlier this fall is non

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