Madoff To Build Ticker Plant With FD's TIPS Software
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Bernard L. Madoff Investment Securities Inc. plans to install its own ticker plant using FD Consulting Inc.'s TiPS ticker plant system. A long-time Telekurs (formerly Standard & Poor's) Ticker III user, Madoff is expected to discontinue its use of the consolidated feed product.
Peter Madoff, head of trading and architect of the firm's trading systems, declined to comment on the move. But sources close to the firm say Madoff's decision to build its own ticker plant is part of the firm's continuing
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