Euronext Unveils Algo Hosting Plans

PARIS—The European arm of newly merged transatlantic market operator NYSE Euronext unveiled plans to offer co-location services for member firms looking to minimize latency by positioning their automated trading technologies as close as physically possible to the exchange's order matching platform, say exchange officials.

The exchange operator will begin offering the new service in the fourth quarter of 2007, with pilot testing commencing with clients at an unspecified time before then. Local

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