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Australia Preps for New Liquidity Pools

SYDNEY-Australian markets can expect to see an explosion in liquidity sources as the Australian Securities Investment Commission (ASIC) is expected to grant a number of alternative trading systems operating licenses as soon as June.

Brokers Unfazed by Exchange Algos

LONDON-As exchange operators, such as NYSE Euronext, plan to develop and deploy their own trading algorithms, few sell-side firms consider the offerings to be a competitive threat, according to industry participants.

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