Micrognosis Chalks Up A Win; Daiwa Securities Chooses Mips

MANAGEMENT AND STRATEGY

Going against the grain, Daiwa Securities America Inc. has selected Micrognosis Inc.'s Mips digital data distribution system running on Sun Microsystems Inc. Sparcstations. In making the decision in favor of Mips, Daiwa rejected incumbent Reuters' Triarch 2000 -- a system having a much stronger track record in Wall Street's trading rooms than Mips.

Daiwa selected Micrognosis' Mips to support its 120 foreign exchange, bond and equity traders in New York City. The decision comes in advance of an

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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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