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Technology arm of Spanish exchange inks distribution deal

Visual Trader Systems, the technology company subsidiary of Bolsa de Madrid and Bolsa de Valencia, has signed a distribution agreement that will help it expand outside of Spain.

The agreement with TAS, the financial trading solutions provider, is to distribute Visual Trader Systems' multimarket terminal in Italy, France and The Netherlands. The two year-old front office system enables financial institutions and institutional investors carry out multi-market trading in real time.

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