SWX Swiss Block Launches Smoothly

"We're happy with the technical implementation. It's not only a new technology; it's a behavior change for some of the industry participants," says Lee Hodgkinson, CEO of SWX Europe, a unit of the SWX Swiss Exchange.

The new service, which is powered by Nyfix Euro Millennium, is open to professional market participants globally and offers a continuous matching pool for wholesale orders (DWT, Dec. 10, 2007). Euro Millennium has the capability to match trades inside the dark book or routing them to

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