CORE DUMP

CORE DUMP

Bear Stearns & Co.

selected General Datacomm Inc.'s so- called Apex switches to support asynchronous transfer mode protocols. The firm is using ATM to facilitate telecommunications via its backbone network. The first component of Bear's network to go into production with ATM will be its New York City-based trading operations. The ultimate goal is to link Bear's entire community of traders worldwide. Bear has been among the very first, and few, Wall Street firms to adopt ATM. The firm last spring

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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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