Article: Boards of AMEX and Toronto Stock Exchange approve development of electronic link between the two trading floors.

NEW YORK, Dec. 18 /PRNewswire/ -- The American Stock Exchange and Toronto Stock Exchange announced today that their respective boards have approved going forward with the development of an electronic link between the two trading floors.

Arthur Levitt Jr., chairman of the Amex, and Pearce Bunting, president of the TSE, indicated that "as a result of extended discussion, we have concluded that a trading link between our markets will offer significant benefits to investors in both countries. This will be the first time that two primary markets have sought to combine the market making capability found on their respective trading floors and we believe it has the ...

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