Digital Feed Tiff: J.P. Morgan Makes Cantor Cry Uncle


J.P. Morgan & Co. last Monday night came to terms with Cantor Fitzgerald L.P. following a three-week standoff over the interdealer-broker's new digital data feed -- a chilly period in which Morgan's government bond trading desk did less than its usual level of business with Cantor. Morgan came out on top in the tussle, forcing Cantor to cry uncle and abandon what Morgan had deemed an impossibly restrictive technological approach to the digital dissemination of its prices. As a result, Cantor

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