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An Island In the Sun: Giant ECN Thumbs Nose at Nasdaq

Traders Magazine, March 2002

Brian O'Connell

Island is becoming bolder since it surpassed Instinet as the largest ECN. In one stroke, Island caught Nasdaq offguard when it moved its trade reporting business to the Cincinnati Stock Exchange. "We're on a roll," Island chief executive Matt Andresen told Traders Magazine. "We've a plan to give our 700 subscribers better service and lower fees. We're making that happen."

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