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Buyside Blues In The Land of ATS

Traders Magazine, March 2003

Peter Chapman

Buyside-oriented alternative trading systems are hurting. One system, Investment Technology Group's POSIT, has seen its average daily volume cut in half over the past year. Another, Liquidnet, is trading the same number of shares it did a year ago. A third, Harborside+, which only launched last fall, doesn't report its volume.

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