TFCN Plans Web Brokerage Service Through Intrex.com
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New York--A new Web-based prime brokerage service, The Financial Commerce Network (TFCN), is planning to launch September 30 through Intrex.com Inc.
Intrex.com, which started accepting membership applications August 17, has been busy putting together the pieces of its new service, hoping to attract small institutions as well as high net worth individuals. There will be a subscription charge for TFCN's services and a fixed cents per share fee for execution, says Todd Nisbett, chief operating
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