Morley FM Expands FITS Coverage

The firm first deployed FITS in 2004 to manage its global market data costs, arising mainly from its trading operations in New York and London, then transitioned to FITS Online, the Web-based version of the platform, last year, says Joshua Leitner, director of business development at The Roberts Group in New York.

Previously, Morley's market data group used FITS to generate reports for invoice payments. But now, the firm is also using FITS to provide the information used for accrual accounting

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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