BTEX Mulls Linqx Purchase
CONNECTIVITY
NEW YORK--Derivatives software vendor Future Dynamics is trying to sell its Linqx order routing platform to the BrokerTec Futures Exchange (BTEX), which may then white-label the system, say officials at Future Dynamics.
BTEX officials did not return calls seeking comment.
BTEX would use Linqx as a best-execution service for its clients, routing them to the best-priced venue, drawing revenue from the client whether or not the client ultimately executes on BTEX.
"We’re in discussions with BTEX," says
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