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ORDER MANAGEMENT SYSTEMS

Charles River and TradeWeb Ready Fixed Income Link

TradeWeb and Charles River Development are slated to announce this week that they are readying a free, FIX-based interface between Charles River's order management system and TradeWeb's online TradeXpress network for fixed-income trading allocation and confirmation. Analysts say the agreement may be a harbinger of things to come and expect to see order management systems partnering with fixed-income alternative trading systems.

The link from the

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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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