Cantor And MDC Await Decision In Marketpower Spat
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NEW YORK--Litigants in the dispute between Cantor Fitzgerald and Market Data Corp. are awaiting the judge's decision, following preliminary hearings late last month. Cantor is seeking to block the launch of the Chicago Board Brokerage's Marketpower US Treasury securities trading system, for which MDC is providing the technology.
The judge in the case is expected to issue a ruling within the next two weeks.
In its suit, filed in April (IMD, April 20), Cantor seeks an injunction against the launch
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