Managing MiFID, Tick by Tick
ON THE RECORD
With clients including the Chicago Mercantile Exchange and the Chicago Board of Trade, London-based ticker plant vendor CMS WebView seemed perfectly positioned to take advantage of the low-latency race. However, the vendor was forced to change its strategy earlier this year after sales of its TDI ticker plant proved disappointing. As a result, CMS sold its consolidated feed business to Tenfore Systems and focused on sales of the TDI software's source code. CMS chief executive Bob Antell recently
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