Nextset Designs Technology Startup For Online Derivatives Exchange
TRANSACTION SYSTEMS
PALO ALTO, CALIF.--Internet trading exchange solutions provider Nextset has been selected by startup Opt4 Derivatives to develop the technology for a new US-based online niche market commodities derivatives exchange scheduled to go live in the first quarter of next year.
Nextset, a company developed earlier this year by ex-Tibco and Reuters senior head Simon Yencken (TTW, May 15), will be responsible for the overall engine and platform technology setup of the Opt4 exchange.
Opt4 says its new
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