Exchanges Owed Almost $260K.

Securities Industry News | November 18, 2002 | Copyright

A preliminary list of EFA Software's creditors obtained by Securities Industry News last week shows the bankrupt firm owing more than C$20 million ($12.7 million) in unsecured, preferred and secured debt to eight of the world's midsized exchanges several dozen employees, as well as an array of vendors, including a local furniture store and a falafel shop.

Among the unsecured creditors of the firm widely considered the most prolific installer of trading and settlement systems are: the Boston Stock Exchange with about C$18,000 ($11,400); the Chicago Board Options ...

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