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ANZ Expands Web-based Trading To Bonds, Repos and Commercial Paper

TRANSACTION SYSTEMS

MELBOURNE, Australia--Australia New Zealand Investment Bank has adopted NextSet Software’s Private Trading Exchange (PTX) module to offer Web-based electronic trading to corporate and institutional clients in cash deposits, bank bills, Australian and New Zealand commercial paper, fixed income and repos.

The thin-client application will be hosted at ANZ’s facilities and is integrated with existing systems, bank officials say. The offering is intended to complement the bank’s existing online

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