Quote MTF to Name Clearing Partner

- WatersTechnology Staff
- 13 Feb 2009

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The MTF commenced testing its technology last week with the unnamed clearinghouse, says Gábor Kutas, a former executive at the Budapest Stock Exchange and a shareholder in Quote MTF. Members should start testing the system "soon," he says, without revealing the number of clients. Quote MTF will provide smart order routing as a service, but it won't start from day one, says Kutas. The undisclosed London-based datacenter to be used by the MTF is used by many market players, he adds. "It's one of

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