Easdaq To Use Tibco's TIBExchange; MCI Worldcom For Backbone Network

TRANSACTION SYSTEMS

LONDON--The European Association of Securities Dealers Automated Quotation (Easdaq) has chosen Tibco's TIBExchange system as its core technology platform, enabling a substantial change in Easdaq's business development strategy.

Based in Brussels, Easdaq, Europe's aspiring answer to the Nasdaq in the US, will enable its member firms to nominate and make a market in any qualifying growth stock, regardless of that company's formal listing location. In order to do this, and to grow volumes and

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