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Traders Magazine, March 2001

Editorial Staff

ECN Mover

*Rapid growth at REDIBook last year brought it close to passing the Island ECN for the number two spot in the ECN sweepstakes. REDIBook's volume shot up to 7.3 billion shares in the fourth quarter from 1.9 billion a year earlier, according to data from J.P. Morgan H&Q. It now accounts for 16 percent of all trades made through electronic communications networks. Island traded 8.8 billion shares in the fourth quarter, giving it a 19.5 percent share of the business.

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