Gone from Arca, Selway Starts New Firm

ORGANIZATION AND MANAGEMENT

NEW YORK--Former Archipelago (Arca) chief strategist and economist Jamie Selway, who left the company Feb. 4, is starting a new brokerage/consultancy called White Cap Securities with four other former Arca players.

Joining Selway at White Cap are Bill D’Arbanville and Jamie Petraglia, two members of Arca’s New York-based trading desk; Tim Love, a former Arca sales executive based in Boston; and Townsend Analytics technologist Quito Zuba, who carried much of the responsibility for building Arca’s

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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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