Pivot Preps Upgrades, Post-Funding

Instant messaging-based trading technology provider Pivot is building improved versions of its Instant Markets product line - which aggregates quotes from IM messages into a montage of prices - and boost its staff numbers, after closing a $3.5 million debt financing agreement with Canadian lender Wellington Financial.

"Now we have many customers up and running on Instant Markets, we are building out enhancements that make the products easier to use and integrate seamlessly with their internally