With Globex Quit, CBOT Touts Relationship With Bloomberg

PROPRIETARY EXECUTION

Following the Chicago Board of Trade's announcement last week that it would act to dissolve the Globex Joint Venture (TST, April 18), the CBOT rushed to publicize the fact that it intended to put its own Project A electronic trading system onto Bloomberg L.P.'s network of market data terminals. Shortly thereafter, Reuters said it would continue to let the CBOT list its contracts on Globex until May 20, in a final attempt to persuade the exchange to come on board the new Globex Consortium. The

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What hedge funds are missing about messaging

When a mere microsecond delay can impact the bottom line, hedge funds need high-performance technology stacks and infrastructure. Himanshu Gupta outlines four key considerations for a firm’s messaging architecture.

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