Ashton Looks to Boost Liquidity On eVWAP, Expand Product Base
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PHILADELPHIA--Initially launched as a facility of the Philadelphia Stock Exchange in August 1999, Ashton Technolo-gy's eVWAP (electronic volume weighted average pricing) system is looking to expand its user base and increase its liquidity. Recent deals with Thomson Autex and Floor Brokers Network and the acquisition of broker/dealer ATG Trading in July indicate that Ashton's efforts are proceeding successfully.
An electronic platform built by Ashton's subsidiary, Universal Trading Technologies
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