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Commonwealth's New York Shoe Expected To Drop This Summer

MANAGEMENT AND STRATEGY

Commonwealth Bank of Australia (CBA) remains in the midst of finalizing plans for the New York City deployment of its worldwide trading room digital data distribution system. Though the bank expected to have completed the New York leg of the global project earlier this year, the facility is now expected to go live sometime this summer.

CBA is conducting the rollout of its trading room system in close collaboration with Hewlett-Packard Co. and Dow Jones Telerate -- respectively, its workstation

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