Nasdaq, Optimark Merge Efforts on Supermontage

EXCHANGE TECHNOLOGIES

NEW YORK--As Optimark continues its strategy of transforming from an electronic exchange into a technology vendor, its role with its star client has shifted. It is also reconfiguring its own technology.

When Optimark was first tapped to work on Nasdaq’s next-generation quote display and trading system, Supermontage (Institutional Trading Technology, Oct. 16), the original idea was that there would be two teams--one from Nasdaq and one from Optimark--that would "vie for the project," according to

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