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A Real Donnybrook

STOCKHOLM
Has gone furthest in privatizing and slashed fees. It's also signing up members outside Sweden

LONDON
Automating and cutting fees to catch up with Continental competitors and electronic startups

FRANKFURT
Cutting fees and upgrading its electronic system--probably before closing down stock-trading floors

PARIS
Offered to buy the Matif futures exchange. Linking its fixed-income derivatives market with Frankfurt and Zurich

MILAN
Privatized exchange in September and has electronically merged Italy's 10 regional stock markets

AMSTERDAM
Merging its trading and back-office operations to offer investors one-stop shopping. Plans to privatize by 2002

DATA: COMPANY REPORTS, BUSINESS WEEK


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Updated Sept. 18, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
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