SCROLLING NEWS

SCROLLING NEWS

Thomas Kielty, senior vice president of global technology at CIBC/Wood Gundy, says he wants to find a cheaper and more efficient way of distributing market data to end-users, because costs can be "enormous" (Trading Systems Technology, April 17). He says he is considering centralizing market data feeds at the bank's headquarters in Toronto and broadcasting the data from there to CIBC/Wood Gundy's trading centers around the world. Kielty expects vendor resistance on this account. His plans co

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