AXE Preps Q1 Launch with BT Proximity

AXE hopes to begin trading by the end of March, says chief executive Greg Yanco. In the meantime, it is preparing for launch by locating its data center at BT's facility in Sydney, where the provider has a PoP (point of presence). AXE was originally scheduled to launch in mid-2007, but was delayed pending a market license approval from the Australia Securities Investment Commission.

AXE will roll out access to its data in two phases. The initial phase, which Yanco hopes will begin in the next

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