AZX Agrees To Linkages With Jefferies, Merrin, Builds New Software

AUTOMATED TRADING

AZX Inc., the former Wunsch Auction Systems Inc. (WASI), operator of the SPAworks electronic equity auction system, has agreed to link its Arizona-based data center with systems from Jefferies & Co.'s Investment Technology Group (ITG) and Merrin Financial Inc. The move would provide access to all three systems via each vendor's respective user interface.

AZX's agreement to hook up with Merrin and Jefferies follows several months of talks (IMT, May 29). Steven Wunsch, president of AZX

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