Cicada in Final Talks for UTP SIP

EXCHANGE WATCH

The Unlisted Trading Privileges (UTP) Plan exchanges have begun final negotiations with Cicada Corp. to operate the Securities Information Processor (SIP).

The SIP aggregates quotation and trade data for the UTP members and makes it available to vendors for sale and redistribution. The member exchanges are the American, Boston, Chicago, Cincinnati and Philadelphia Stock Exchanges as well as Nasdaq, NASD (for the ADF) and the Pacific/Archipelago exchange.

Cicada, a data management technology a

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