Startup Mxnet Offers Market Data Distribution Platform

MARKET DATA AND NEWS

Former Reuters, Bridge and Nynex executives have formed Mxnet, a startup that will offer smaller-sized investment firms a new way of receiving real-time market data, to be marketed by Reuters beginning March 1 to hedge and mutual funds with 40 positions or less.

Mxnet has installed both a Reuters Triarch 2000 and Bridge/Market Vision platform at its own offices in Jersey City, NJ. Customers only need to install desktop hardware and applications software at their sites and link them to the bac

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