First Boston Buys Lattice, Plans Crossing Network
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First Boston Corp. has acquired Boston-based Lattice Investment Inc.'s order-routing system for the buy side. Lattice will continue to operate the system, offering it to First Boston's institutional clients.
Meanwhile, Lattice has applied to the Securities and Exchange Commission for a no-action letter regarding a planned continuous crossing facility.
Lattice, which specializes in equities, will offer First Boston customers automated order-routing to exchanges around the country. For First
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