BOTCC Mulls Building Its Own VPN
EXCHANGE TECHNOLOGIES
CHICAGO--The Board of Trade Clearing Corp. (BOTCC) is seriously considering building its own virtual private network (VPN) next year to carry trades into its clearing system from electronic and open-outcry exchanges, officials say.
The VPN would also help the BOTCC increase network capacity and cut bandwidth costs at the same time, officials say.
The move to a VPN coincides with its recent clearing agreement to work with German derivatives exchange Eurex, slated to set up a US derivatives exchange
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