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NYSE Euronext raises game for third party exchanges

The chief operating officer of the New York Stock Exchange group has claimed NYSE Euronext’s acquisition of a technology company will propel into the top tier of specialists that provide trading systems to other bourses.

Larry Leibowitz, the chief operating officer and head of global technology at NYSE Euronext, said the $200m (€134m) purchase of Wombat Financial Software will strengthen the trading systems it supplies to other exchanges.

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