AFX News last week became the first vendor to carry a news-only feed from OFEX, a UK-based market for exchange-style trading of equity in non-exchange-listed companies.
OFEX does not operate an exchange-style central order book or trading platform but instead requires investors to trade via brokers that liaise directly with the designated market maker for a security. Trade data from OFEX is currently distributed by Reuters, Bloomberg, Thomson Financial, Telekurs and FT Interactive Data, as we
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