CORE DUMP

CORE DUMP

British Telecommunications PLC completed its acquisition of Alphameric PLC's FTT Alphameric. The deal included the assets, customer base and technology of the company's trading room software platform Open Trading System.

In pilot since March, Depository Trust Co.'s Participant Terminal System's new due-bill tracking mechanism is now up and running. Called FAIL, the system is designed to automate due-bill settlement for deliver orders that have missed their original settlement dates.

After a

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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