Tellefsen Recommends Its-Like System For Options Trading

THIS WEEK'S LEAD STORIES

The Tellefsen Consulting Group Inc. (TCG) has recommended the Options Market Integration System (OMINTS) to support multiple trading of options, scheduled to begin in January. OMINTS, an intermarket order-routing system, is similar to the Intermarket Trading System (ITS) used to link U.S. stock exchanges. TCG was commissioned by the Philadelphia, Pacific and New York stock exchanges to conduct the study in response to the SEC's rule 19c-5, which calls for options to be listed on multiple

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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