Managing MiFID, Tick by Tick

ON THE RECORD

With clients including the Chicago Mercantile Exchange and the Chicago Board of Trade, London-based ticker plant vendor CMS WebView seemed perfectly positioned to take advantage of the low-latency race. However, the vendor was forced to change its strategy earlier this year after sales of its TDI ticker plant proved disappointing. As a result, CMS sold its consolidated feed business to Tenfore Systems and focused on sales of the TDI software's source code. CMS chief executive Bob Antell rece