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Turquoise to Go X-Stream

Officials from Project Turquoise and OMX Group decline to comment.

The X-Stream platform was recently adopted by the London-based cash-equities exchange Plus Markets Group earlier this year as part of its £6.7 million ($13.3 million) trading technology upgrade (DWT, May 4).

The ongoing complex legal negotiations between Turquoise and its technology partner have also pushed back the effective launch date for the MTF from November to no earlier than February 2008, says a consortium spokesperson.

The

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