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Belzberg Financial Markets & News International Inc. -- Company Announcement.


TORONTO--(BUSINESS WIRE)--July 14, 1999--

Belzberg Financial Markets & News International Inc. ("Belzberg") announced today that it is in negotiations with a private financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 company as to a possible business combination.

No assurances can be given that negotiations will be successful and that a definitive agreement will be entered into. In the event that the transaction is completed, shareholders of Belzberg immediately prior to the transaction are expected to hold at least 50 percent of the Common Shares of the resulting company.

Belzberg is a computer software development company which designs, produces and markets proprietary trade execution software for a full range of liability, institutional equity traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
 with securities dealers as well as securities dealers' buy-side clients in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada. Belzberg's suite of financial technology products includes internet and electronic trading This article or section is in need of attention from an expert on the subject.
Please help recruit one or [ improve this article] yourself. See the talk page for details.
 systems for institutional and retail investors Retail Investor

Individual investors who buy and sell securities for their personal account, and not for another company or organization.

Notes:
Retail investors buy in much smaller quantities than larger institutional investors.
.

Belzberg is a reporting issuer in Ontario. The issued capital of Belzberg presently consists of 1,370,597 Common Shares.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 14, 1999
Words:161
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