Six Companies Vie To Build EC Pipe Network


The Federation of Stock Exchanges in the European Community (FSEEC) has invited six companies to submit detailed proposals for building a pan-European market data network called Pipe. The shortlist was culled from 40 responses, including some from multiple parties, to a request for qualification (RFQ) issued by the FSEEC last fall (MTR, Oct. 16, 1989).

The Pipe network will link the exchanges of the 12 EC nations, carrying both real-time quotes and last-trade prices. But sources say Pipe also

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