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GlobalTrade Connects To InterTrade Direct For Electronic Cross Border Equities Trading

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NEW YORK--Liberty and BNY ESI & Co. have agreed to connect their services and offer institutional investors a straight-through-processing capability that starts with a buy-side firm's indications of interest and extends all the way through to trade execution, settlement and finally the asset allocation with the custodian bank. The link connects Liberty's three-year-old InterTrade Direct global virtual private network with Bank of New York's GlobalTrade real-time, Windows-based messaging

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