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An ECN Wins Case for Access Fees

Traders Magazine, December 2000

William Hoffman

Electronic communications networks, which charge non-subscribers access fees, won a victory recently when an arbitration panel ruled in favor of Bloomberg Tradebook.

The National Association of Securities Dealers' NASD Dispute Resolution unit awarded Tradebook the entire $89,158.50 it sought against U.S. Bancorp Piper Jaffray, in addition to interest.

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