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Strategies & Market Trends : After Hours Trading(ECN)-The Coming 24/7 Trading Explosion -- Ignore unavailable to you. Want to Upgrade?

To: esecurities(tm) who wrote (240)	6/7/1999 1:43:00 PM
From: esecurities(tm)	Read Replies (1) \| Respond to of 314

Bloomberg/(NYSE:ITG) TradeBook SuperECN. Bloomberg builds a bigger black box Michael Bloomberg, CEO of his own namesake financial news and information company, remains skeptical of the Internet. But that doesn't stop him from seeing the benefits of electronic communications networks (ECNs) -- and investing in them. Bloomberg announced today that it will be merging Tradebook, its ECN, with Investment Technology Group's (NYSE: ITG) ECN platform, yielding a larger ECN network called the Tradebook SuperECN. The move signals that the market for ECNs -- electronic networks that online brokerages and financial institutions use to match up buyers and sellers of equities -- is heating up. Tradebook is one of the leading ECNs among institutional investors, but it has long trailed Reuters's (Nasdaq: RTRSY) Instinet, the leader in the market..." SOURCE: &copy 1999 Red Herring By R. Scott Raynovich Redherring.com May 21, 1999 redherring.com