Marketnet Reorganizes Into Five Groups After Departures


NEW YORK--Following the departure of three top managers (Trading Technology Week, May 31), Marketnet Group, the Wall Street trading technology consultancy, has reorganized itself and plans to hire between 20 and 30 new employees--all the while denying a much-rumoured buyout by Reuters.

At press time, rumours were heightening that the deal was set to close last Friday.

As reported previously, Marketnet employees, Anthony D'Ambrosi, director, integrated solutions, Kevin Bilodeau, the Marketnet G

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