Money.Net returns, plans launch of new terminal in early 2022

Last year, the low-cost data vendor filed for—and emerged from—Chapter 7 bankruptcy protection after facing financial woes and a lawsuit from former investors. This new iteration will be led by several execs from broker Gain Capital.

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Money.Net, the budget data workstation provider rescued from bankruptcy last year, is preparing to relaunch and unveil its new terminal platform early in Q1 of this year. Company executives hope the new offering will serve and connect a broader range of investors and institutions across the financial markets ecosystem.

The vendor has also assembled a fresh management team that draws heavily on former employees of Gain Capital and its subsidiaries. Leading the company as CEO will be Vincent

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