More ISV/exchange deals in the pipeline

08 Mar 2004

The trend for partnerships between exchanges and independent software vendors (ISVs) looked set to grow following last week's development in the deal between Eurex and Trading Technologies (TT). A joint announcement offered TT's front end software to Eurex customers in Europe free of charge for 90 days.

TT and Eurex previously struck a deal to provide TT customers with free access to Eurex US, a move which provoked anger in some areas of the trading community (see...

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"While we support its overall direction, a number of the requirements in the review are needlessly oppressive, particularly the proposed limits on execution-only business and bilateral execution. Additionally, the swathe of costly disclosure obligations is more likely to confuse than inform customers.”

The FOA's Anthony Belchambers responds to the EC's Mifid review.