Bridge Launches Ioex; Premier Order Routing System Enhanced by ActiveX Technology.Business Editors NEW YORK--(BUSINESS WIRE)--June 20, 2000 Bridge Information Systems (BRIDGE(R)) the largest provider of financial information services See Information Systems. in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , today announced the launch of IOEX, a new version of its popular Institutional Order Entry (IOE IOE Institute of Education (UK) IOE International Organisation of Employers (Geneva, Switzerland) IOE Industrial and Operations Engineering IoE Institute of the Environment (UCLA) (R)) system, that easily integrates into other applications and networks, including the Internet. IOEX is an ActiveX application designed to run over IP networks. This ActiveX version of IOE can be placed inside Internet browsers and independent order management systems and within BRIDGE and Telerate, Inc. (a BRIDGE subsidiary) workstations. Encryption capabilities have been built into IOEX's design to ensure security while running the application over the Internet. Mark Minister, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bridge Trading Company, said, "IOEX includes new and enhanced features designed to improve the system's user friendliness and increase client order routing options. IOEX offers enhanced list management options and updated import and export capabilities, providing users with the most effective and flexible list features possible." IOEX also performs dynamic volume weighted average price (VWAP VWAP The volume-weighted average price. ) tabulations and can dispatch POSIT (Profiles for Open Systems Internetworking Technologies) A set of voluntary standards published by the National Institute of Standards and Technology (NIST) for network equipment purchased by the U.S. government. It is the successor to GOSIP. alerts, giving clients the immediate knowledge they need to operate optimally. IOE, the premier, user-friendly order routing system, links buy side institutions to Bridge Transaction Service's vast broker-neutral network. IOE's network consists of institutions, broker/ dealers, exchanges, crossing networks, alternative trading systems Alternative Trading Systems (ATS) are SEC-approved non-exchange trading venues. They play an important role in public markets for allowing alternative means of accessing liquidity. and electronic order modules, ensuring supreme connectivity in today's global marketplace. Over 400 institutions and broker/dealers rely on IOE to successfully execute their trades and to provide them with more sources of liquidity. For more information about BRIDGE products and services, visit us at booth #2201 at the Securities Industry Association's Technology Management Conference & Exhibit show, June 20-22 at the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Hilton. About BRIDGE BRIDGE is a leading global supplier of equity trading technologies and connectivity. BRIDGE offers a wide array of trading solutions that reflect its 25 years of experience. With over 4,700 points of presence worldwide, a suite of high performance broker neutral products, and dependable customer service, BRIDGE provides the global investment community with the tools it needs to succeed. BRIDGE, together with its principal operating units, Bridge Information Systems, Telerate(R), Inc., Bridge Trading, eBRIDGESM, and BridgeNewsSM, is the largest provider of financial information and related services in North America - and one of the fastest growing in the world. BRIDGE information products include a wide range of workstations, market data feeds and web browser-based applications, combined with comprehensive market data, in-depth news, powerful analytic tools and trading room integration systems. BridgeNews leverages a network of 600 BRIDGE journalists in more than 100 locations that break news affecting financial markets globally. BRIDGE is the co-producer of the Nightly Business Report Nightly Business Report is a financial news television program that is broadcast live, weekday evenings on most of the public television stations in the United States. Frequently abbreviated to NBR, the show is produced by public television station WPBT-TV in Miami, Florida, and and is a leading provider of financial news and information to media companies worldwide. BRIDGE, with 5000 employees worldwide, and over a quarter of a million users in over 65 countries, is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. with the BRIDGE Trading and Technology center in St. Louis, MO., and major regional centers in Europe, the Middle East, Africa, and the Pacific Rim. For more information visit the BRIDGE web site at http://www.bridge.com. |
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