Futures and Options Association (FOA) has announced the formation of a new working group for technology vendors.
FOA hoped to establish a forum at which to address many of the problems facing vendors including the patent issue brought to light by action taken by Trading Technologies as well as ongoing relationships between the IT industry and exchanges.
Current participants in the group are EST, Ffastfill, Patsystems, Rolfe and Nolan and Sungard, but the group is open to all IT vendors who are also members of FOA.
The...