E-Crossnet Appoints Merrill Lynch As Broker, Bloomberg As Back Office Technology Provider

TRADING SYSTEMS

LONDON--E-Crossnet has tapped Bloomberg to provide technology service and Merrill Lynch to act as broker and maintain clearing and settlement services. E-Crossnet is the first electronic crossing system to cater solely to the buy side (IMT, September 13).

E-Crossnet's board ratified the appointments on October 14, after having examined proposals from 15 investment banks and 23 technology providers. There was unanimous agreement on each appointment by both E-Crossnet's management and board. In

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