BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

Two out of three quote vendors will join in November 12th overnight systems "stress test" at Securities Industry Automation Corp., says John Barous, who is supervising market data component of simulation. Test is designed to replicate conditions of 600 million share day. Vendors will receive two-minute bursts of data at full speed over CTS, CQS, and OPRA lines to test ability of systems to handle transaction flow. Most vendors will only be able to test back-ups, since primary hosts are on-line

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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