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Trading Across the Pond

Traders Magazine, December 2004

Nina Mehta

ECNs are now a tool of the trade in the U.S. But forget about Europe. "In Europe, ECN-type systems are less important mechanisms of liquidity in the market than they are in the U.S.," says Alexandre Drabowicz, who runs the trading desk in Paris at Systeia Capital Management. "Here, people trade on the electronic platform of the exchange."

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