PHLX Branches Out into Futures, Outsourcing
EXCHANGE TECHNOLOGIES
PHILADELPHIA--Officials at the Philadelphia Stock Exchange (PHLX) will be very busy this month as they ready the launch of a new futures exchange and a joint venture to offer outsourced services.
Officials are slated to inaugurate the PBOT electronic futures exchange, a joint venture with Susquehanna International Group (SIG). For outsourcing, the exchange is preparing its Advanced Tech Source (ATS) business, a joint enterprise with vendor NetEconomist, which will offer outsourced data center
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