Reuters Holdings PLC announced SDS3 in 1989. The Ku-band satellite data delivery system -- part of Reuters' Integrated Data Network -- was slated to carry Reuters' entire database of securities.
The system was seen as a stepping stone into the then- attractive North American retail brokerage market. Indeed, Reuters announced a number of retail-oriented products that were to be supported by SDS3 but that never made it to market. SDS3 has since been focused on overseas markets with lower-qualit
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