Exchanges and other firms are more interested in buying Trading Technologies (TT) outright that signing up to the firm's proposed per lot fee, according to TT ceo Harris Brumfield, who also said he would sell the firm without notice if the price is right.
In an exclusive interview with FO Week, Brumfield said he had proposed the deal whereby TT would be paid 2.5 cents for every contract traded to several exchanges, including the 'big four', over the last...