Here at Market Data Central, we're still waiting for an opportune moment to declare it Silly Season. So far this summer, though, we haven't been able to. There's just too much going on.

We are in late August, and while other centers may have quietened down a bit, New York's frenzied pace continues unabated. Part of this has to do with all the work that still needs to be done at Bridge and Reuters, both of which are undergoing massive organizational change.

But some of it has to do with the inc

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