The Two-Horse VMU Race

STP

After the Global Straight Through Processing Association’s (GSTPA) spectacular failure to deliver a competitive alternative to Omgeo’s virtual matching utility (VMU), many in the industry assumed that central trade matching alternatives to Omgeo was dead. As the American humorist Mark Twain once said upon learning about his published obituary, "The reports of my death have been greatly exaggerated." Likewise, in February, Canadian software and service provider Financial Models Company (FMC)

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