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Axes Future Unclear

"The Axes board of directors is currently reviewing its options going forward and has not yet decided how to proceed," says a spokesperson. At press time, the broker's Web site was down.

All clients who were operating on Axes' multi-currency and multi-asset Global Execution Management System (Gems) have migrated to broker-neutral electronic global equity market access provider Tradeware's GlobalX network.

According to Tradeware president Charles Giessen, Tradeware has been providing the underlying

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