Holding Pattern: As Trading Technologies awaits new owner, the vendor adjusts development strategy

The Chicago-based futures trading platform recently rolled out a new OMS offering, while other projects, like its Echo Chamber market data platform, have been put on pause until a sale goes through.

The rumors that Trading Technologies (TT) was set to be acquired began last year, and the reports pegged Goldman Sachs as the leading candidate to buy the futures trading platform provider—and then those talks fell apart.

Even with that setback, the vendor, which is partly owned by Chicago-based investment firm The FSB Companies, is still very much on the block to be sold—and sources have indicated that a sale will likely happen soon, though the buyer’s identity so far remains a mystery. This

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

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