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Moneyline Is Building, Managing Internet Transaction System For Market Axess

ONLINE TRANSACTION SYSTEMS

NEW YORK--Moneyline Network is building and managing an Internet-based, fixed-income transaction system for Market Axess on servers that are housed in Ixnet's New York data center, using Tibco's The Information Bus/Rendezvous (TIB/RV) as its communications middleware.

The Market Axess system is expected to be up and running in the second quarter, and will be used by Market Axess to distribute content as well as executing transactions. Market Axess is a joint venture by Bear Stearns, Chase

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