WALL STREET MUGGER
WALL STREET MUGGER
Mugger was having a Friday afternoon chat with a consultant working on a project involving a US commodities exchange. The refreshingly forthcoming consultant was providing some fantastic details about the project, but was cut short by an insightful Mugger question, "What role should exchanges play in all this?" After a dramatic pause, the consultant said exchanges should get out of the business of trying to provide IT. Instead, they should stick to providing the basics and leave technology to
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