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BRIEFLY

The NYSE and London exchange neared an accord.

February 12, 1986

The New York Stock Exchange and the London Stock Exchange said they hope to reach an agreement by April to initiate plans for an experimental cooperative trading system involving a limited number of stocks. They also said they have made progress in other areas, including the sharing of regulatory information and market data. Discussions involve a joint task force, named last June, from the two exchanges.

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