First Options Of Chicago Plans To Buy System, Analytic Vendor
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Chicago-based derivatives software developer David Bruce & Co. is about to be acquired by its largest customer. Officials at the vendor confirm that First Options of Chicago, an exchange-trade options clearing company, is planning to buy David Bruce. The officials say that details of the agreement are currently being finalized and decline to comment further on the acquisition.
David Bruce was set up in 1987 by David Small, who still serves as the vendor's managing director. David Bruce markets a
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