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Following the completion of Star Data's internal review of business plans and financial projections, the Canadian data vendor has established a 'data room' and is now entertaining parties interested in a possible acquisition of either the entire company or part of the company. These parties are said to include Reuters, Bridge-Telerate and Thomson Financial Services' ILX Systems. Star Data's president Alan Hutton says he expects an outcome, which could include entering a strategic alliance rather

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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