Controversy & US Bureaucrats Aside, Cantor And NYBT Set To Launch CFFE

ELECTRONIC TRADING

NEW YORK--Controversy aside, the backers of the Cantor Financial Futures Exchange (CFFE) are planning to launch their exchange this week although the inauguration of the system hinges upon US government approval.

At press time, officials at the Commodities Futures Trading Commission (CFTC) of the US government confirm only that the CFFE's application "is under active review". The CFFE was developed by Cantor Fitzgerald for the New York Board of Trade (NYBT) and the duo have set September 8 as the

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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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