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Pipeline to Launch European Trading Platform

Pipeline Financial Group announced that it will be moving into Europe in the second quarter of 2009 with a Pan-European block and algorithmic execution platform.

In the final stages of the FSA approval process, the European launch of Pipeline Financial Group Limited will offer a platform with access to liquidity from 14 European markets.

The initial launch countries include the U.K., France, Netherlands, Portugal, Sweden, Spain, Germany, Switzerland, Ireland, Norway, Finland, Denmark, Belgium and Italy. The platform will cover more than 6,000 stocks, including the main European indices and a range of ETFs and GDRs.

In a statement, Alfred Berkeley, Chairman of Pipeline, said, "Our expansion into Europe is an important development for Pipeline and a key part of our objective to achieve a global footprint spanning the US, Europe and Asia. Building on four years of successful growth in the US, we are looking to expand our business across Europe and provide traders with a block execution system that enables them to drive large orders to completion and achieve the very best execution."

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