TFT 'Net-bound As Tibco Software Launches IPO

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NEW YORK--Like Cinderella forced to miss the ball, Tibco Finance Technology (TFT) was busy outlining a broad, Internet-oriented view of the future as sister company Tibco Software raised $109 million in one day last week as the result of a highly successful IPO.

Also just outside of the spotlight, Reuters, the single largest shareholder of Tibco Software, took the opportunity to point to the importance of the Internet by making Sun Microsystems its main hardware and software supplier for its e

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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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