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Jiway promises lowest trading costs

Retail brokers in Jiway's core markets will be able to trade, settle and clear securities listed on the New York, London, Frankfurt, Paris, Milan, Amsterdam, Zurich and Stockholm exchanges for €7 for trades up to €50,000.

Jiway, the pan-European stock exchange set up by OM Gruppen and Morgan Stanley Dean Witter, said that it would charge the lowest ever wholesale fees for global stock trading.

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