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Non-Tech : Ashton Technology (ASTN)

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To: Candle stick who wrote (3044)12/9/1999 8:41:00 PM
From: Nanchate  Read Replies (1) of 4443
 
Belzberg News

...PHILADELPHIA, PA ? September 27, 1999 ? The Ashton Technology Group, Inc. (Nasdaq Small Cap: ASTN) today announced that it has signed an agreement with Belzberg Financial Markets and News International, Inc., which will allow Ashton's electronic volume weighted average price trading system (eVWAP?) to receive trades through Belzberg's Internet and Intranet electronic trading terminals.
ashtontechgroup.com

TORONTO--(BUSINESS WIRE)--Dec. 9, 1999--Belzberg Financial Markets & News International Inc. ("Belzberg Financial") announced today that it has recently entered into a contract with a major US financial institution. Belzberg Financial will provide its order routing and execution technology that includes connectivity to all of the major US exchanges, regional US exchanges, numerous NASDAQ market makers, ECNs, all Canadian exchanges, as well as London, Frankfurt, Zurich, Paris, Amsterdam and Sydney, Australia. Additional international connectivity will open up a large pool of liquidity to traders and destinations on the Belzberg Financial's network. Belzberg Financial also advised that the previously announced negotiations with a private financial services company as to a possible business combination between them have terminated with the agreement of both parties. Both parties have also agreed to continue their long-standing business activities together. Belzberg Financial is a leader in the field of international order execution, order routing and multiple market connectivity. Its patented technology is presently used by major financial institutions in the United States, Canada and Europe. Belzberg Financial's suite of financial technology products includes Intranet and Internet trading systems for institutional and retail investors. CONTACT: Belzberg Financial Markets & News International Inc. Sid Belzberg, 416/360-1812 KEYWORD: INTERNATIONAL CANADA
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