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At a meeting on Sept. 16, members of the board of Dow Jones & Co. were presented with a three-year management plan. The most surprising element of the plan to many was the lack of change to the existing management. Ken Burenga will stay on as chief operating officer and president, and Peter Kann remains as chairman. Industry observers, however, believe that 1999 will not be a good year for Dow Jones (as with other companies) and some expect that the projections laid out in the plan may be too

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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.

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