Announcing they "had been unable to reach a mutual agreement regarding implementation of the joint venture," Lotus Development Corp. and Telerate, Inc. are going their separate ways after a protracted effort to develop a real-time spreadsheet product. Known as Tradewin, the product was to consummate a systems marriage long awaited by traders.
Sources close to the deal say Lotus and Telerate could not come to terms on how the revenue pie would be sliced, both parties claiming to be the more si
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails