Second Vendor Formed To Broadcast Commentary On Pit Trading Activities
CONTENT & FEES
Two former traders this month Incorporated Options News Exchange Inc. (ONE), a Chicago-based startup with plans to broadcast live reports of options and futures pit trading activity in Chicago. When ONE goes live in January, it will offer continuous, real-time reports identifying the counterparties and describing the size of the orders placed.
ONE bears an overwhelming resemblance to fellow startup, Pit Info Corp., which also plans to launch its service in January, starting in Chicago's trading
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