Despite Recent Upheavals, IBM Will Persevere With TRS Plans

SPECIAL REPORT

It's no secret that IBM has been in the throes of a major corporate shake-up. But how will the shake-up shake out in terms of Big Blue's ever-complicated trading room systems strategy?

The question has grown more pressing following BIS Trading Systems Inc.'s recent decision to minimize its marketing and development presence in New York, and hence North America. BIS's DR-one trading platform, along with the London Stock Exchange-developed RDXII and IBM's homegrown DataTrade, represents one of the

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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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