PRU Pilots Reuters, Micrognosis For More Than 600 In New York

MANAGEMENT AND STRATEGY

In an effort to select systems to support a planned 600 plus-position trading room, Prudential Securities Inc. is piloting digital data distribution platforms from Micrognosis Inc. and Reuters at its New York office.

The firm selected the two finalists following evaluations of a total of five contenders. In addition to Micrognosis and Reuters, Prudential also took a look at FD Consulting Inc., Teknekron Software Systems Inc. and Dow Jones Telerate's Telerate Trading Room Systems.

According to

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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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