Wunsch Auction Systems Could Assume New Identity As Arizona Stock Exchange

AUTOMATED TRADING

Wunsch Auction Systems Inc. and an Arizona regulatory commission are in an advanced stage of talks to bring Wunsch's Single Price Auction Network (SPAworks) trading system to Phoenix and rename it the Arizona Stock Exchange. The proposed deal would allow Wunsch to retain its single-price auction method and corporate structure, while operating from a Phoenix, Ariz., base.

If approved, the move to Arizona should spark local interest in Wunsch's SPAworks, perhaps providing some of the critical

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