NEW YORK--IPC Information Systems appears set to acquire Mxnet, a provider of market data platforms for smaller user firms that has recently attracted the attention of Reuters. The telephony and networking services company has made a bid for Mxnet that sources say will likely seal an agreement.
IPC president and CEO Terry Clontz declines to confirm IPC's bid: "It would be inappropriate for us to comment," he says. But sources close to the negotiations say IPC has made a bid of $6.6 million fo
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