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On July 15, 2009, Direct Edge, the nation's third-largest stock-market operator, and Quadriserv announced a memorandum of understanding to develop tighter integration links between the cash market for the trading of securities and the related market for stock loan. Such efforts are the first ever to provide integrated, cross-market solutions at the market center level for industry participants.
For more information about Direct Edge, please visit http://www.directedge.com/