Despite Recent Upheavals, IBM Will Persevere With TRS Plans

SPECIAL REPORT

It's no secret that IBM has been in the throes of a major corporate shake-up. But how will the shake-up shake out in terms of Big Blue's ever-complicated trading room systems strategy?

The question has grown more pressing following BIS Trading Systems Inc.'s recent decision to minimize its marketing and development presence in New York, and hence North America. BIS's DR-one trading platform, along with the London Stock Exchange-developed RDXII and IBM's homegrown DataTrade, represents one of the

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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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