MANAGEMENT BRIEFS
MANAGEMENT BRIEFS
As expected (IMT, September 13), Durango, Colo.-based Optimark Technologies, headed by former Instinet chairman and CEO Bill Lupien, unveiled an order-matching system at a September 24 press conference in New York City. The system is due to be available in the latter half of 1997. It will initially trade equities and later, options on equities. Five organizations are backing the product: the Pacific Stock Exchange, the Chicago Board Options Exchange, IBM, Dow Jones Telerate, and State Street
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