Former 4P Users Are Dissatisfied With Reuters SDS2

THIS WEEK'S LEAD STORIES

Reuters Holdings PLC's decision to discontinue its 4P system during 1988 and steer customers to SDS2 and other Reuters services is still raising complaints from some brokers and traders at major New York investment firms.

Reuters won't say why 4P had to go, but the company's product development strategy dictates that it develop and market domestic and international products that don't duplicate each other.

With broadband (coaxial cable) access to the Reuter Monitor database, 4P overlapped with

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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