Spring Fever

WATERS NEWS EDITOR'S LETTER

Spring is in the air here in New York , and though we'd love to kick back and enjoy the long-awaited sun in Washington Square park, we must continue to deliver the latest news in financial IT. You may have heard—the financial press is abuzz with rumors—that Nasdaq plans to acquire Instinet. Rumor has it that if the deal goes through, Nasdaq will keep the ECN portion of the business and spin off the agency brokerage business to the private equity investment firm, Silver Lake Partners. None of the

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