"It wasn't a surprise, but it was a shock" is how one staffer described the sentiment around International Marketnet, L.P. on the afternoon of December 31st. In a four-sentence announcement, the joint venture's parents confirmed what many had suspected, that the multimillion dollar effort to bring a new financial information and branch automation system to market was doomed.
Four sentences don't provide many lines to read between, but one phrase -- "reassessment of the financial viability of
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails