Morton Mackoff has been named president of Track Data Corp., a New York-based supplier of equity and derivative market data. Mackoff, previously the executive vice president, responsible for sales and marketing, takes over for Barry Hertz, who remains chairman. Mackoff continues to serve as president of Newsware, a New York-based news delivery service. Track Data is the major shareholder of Newsware.

David Cutler has joined Chicago-based PC Quote Inc. as sales manager for the northeast region

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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