Latency, CEP Drive Change as Firms Favor Incumbents

London-based broker Cornhill Asset Management doubled its rollout of Fidessa's data Workstation, bringing the total number of positions to 40 sales traders and brokers, to support an expansion of the firm's sales team (IMD, Jan. 15).

In the same issue, IMD reported that ticker plant and data vendor Activ Financial had sold a hosted ticker plant to the Philadelphia Stock Exchange, replacing PHLX's existing ticker plant from HyperFeed Technologies, which went out of business the previous Novemb