London-Based Newtime To Launch Dart In U.S.

THIS WEEK'S LEAD STORIES

London-based Newtime Computers Ltd. is set to begin offering its DART digital data distribution system in the U.S., following its acquisition last month of the assets of International Data Media Ltd. As part of the deal with IDM, for which terms weren't disclosed, Newtime picked up an office in Wayne, N.J., from which it will launch its assault on the U.S. marketplace.

IDM is a market data vendor based on the U.K. Channel Island of Jersey. Before the Newtime acquisition, its business centered on

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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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