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  September 5, 2001
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Home > Company Index > Financial Services > Miscellaneous Financial Services > Jiway Holdings Ltd.

Jiway Holdings Ltd.
 PROFILE
Jiway Holdings is the parent of Jiway, an online electronic stock market introduced in 2000. A joint venture between Stockholmsbörsen operator OM AB (60% ownership) and Morgan Stanley Dean Witter (40%), the company offers cross-border trading of some 1,300 securities from the NYSE, Nasdaq, and six European exchanges. Targeting retail brokers and touting inexpensive transactions in local currencies, Jiway trades stocks from France, Germany, Italy, the Netherlands, Sweden, the UK, and the US. It provides clearing and settlement services as well. The ambitious exchange has failed to live up to its parents' initial expectations (particularly Morgan Stanley's); it conducts only several hundred trades per month.

 COMPETITION
Merrill Lynch & Co., Inc. (MER)
virt-x plc (VTX)

 KEY PEOPLE
• Lynton Jones
    CEO
• David McAllansmith
    CFO

 CONTACT INFO
Old Change House,
London EC4V 4BJ, United Kingdom
Phone: 44-20-7651-3900
Fax: 44-20-7651-3901
Online: Web Site

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