Cause for Enthusiasm


Due to our printer’s Easter schedule, this week’s Inside Market Data was produced on a shorter deadline than usual. Still, it’s chock-full of news that, taken together, suggests a rosy picture of the market.

• More projects are being undertaken. For instance, the Chicago Mercantile Exchange, which has been quite aggressive in replacing third-party technology with internally built services (IMD, May 24, 2004; March 21), is now focusing on overhauling its market data platforms by replacing two

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