Hamlen Quits Ipug to Form Rival User Group

John Hamlen, a former executive committee member of UK-based market data user group Ipug has resigned his position to form a rival market data association dubbed The Financial Industry Network (FINet).

Hamlen, former principal of real-time products at Barclays Global Investors and currently operations director at training consultancy Simply Business Skills, stepped down from his role as joint-chair of the technical special interest group (SIG) at Ipug's annual general meeting on July 21, and has