West Coast Service Bureau Jump-Starts Trading Network
THIS WEEK'S LEAD STORIES
It's a nationwide computer network bringing together buyers and sellers of certificates of deposit and other fixed income securities. Its goal is to ensure the highest possible return for investors while reducing transaction costs for all parties.
Sound familiar? It should. It's the story behind most neo-exchanges that aim to profit from electronic rationalization of phone-based financial markets.
The name is Investornet. Operated and backed by Dataten, a privately-owned network service bureau in
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