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Financials

BRIEF-Euronext to launch new trade facility with Algomi

Nov 3 (Reuters) - Euronext Nv

* Under a ten year strategic partnership agreement, Euronext and Algomi will form a joint venture special purpose vehicle

* Euronext - vehicle will be capitalised by euronext, with technology supplied by Algomi, to improve liquidity in pan-European corporate bond trading

* Dealers will be able to access trading interface either directly through their existing Algomi technology or through their stand-alone systems

* JV, capitalised by Euronext for us$ 2.3 million, will deploy Algomi`s technology to a new MTF owned and operated by Euronext Source text for Eikon: Further company coverage:

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