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MARACAIBO STOCK EXCHANGE SELECTS VANCOUVER COMPUTERIZED TRADING SYSTEM

 MARACAIBO STOCK EXCHANGE SELECTS
 VANCOUVER COMPUTERIZED TRADING SYSTEM
 VANCOUVER, British Columbia, Aug. 12 /PRNewswire/ -- Maracaibo Stock Exchange of Venezuela has selected the computerized trading system in use by the Vancouver Stock Exchange as the basis for automating its operations.
 The sale of the Vancouver Computerized Trading (VCT) system to the Bolsa de Valores de Maracaibo (C.A.) is the second to Venezuela, the first being to the Caracas exchange. It is also the fourth confirmed international sale of the system which was developed and owned jointly by the VSE and New York-based software house, TCAM Systems Inc.
 Other sales have included exchanges in Mexico City and Istanbul, Turkey, the latter of which was completed in July.
 Although no installation time table has been firmly established, the Maracaibo Stock Exchange's new automated trading system will closely resemble the one purchased by Caracas last year. With similar VCT installations, the two Venezuela exchanges hope to pursue shared listing opportunities.
 -0- 8/12/92
 /CONTACT: David A. Laundy of the Vancouver Stock Exchange at 604-689-3334; or Martin Hakker of TCAM Systems at 604-269-0200/ CO: Vancouver Stock Exchange, TCAM Systems Inc. ST: British Columbia IN: SU:


LS -- LA034 -- 6311 08/12/92 15:44 EDT
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Publication:PR Newswire
Date:Aug 12, 1992
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