Morton Mackoff has been named president of Track Data Corp., a New York-based supplier of equity and derivative market data. Mackoff, previously the executive vice president, responsible for sales and marketing, takes over for Barry Hertz, who remains chairman. Mackoff continues to serve as president of Newsware, a New York-based news delivery service. Track Data is the major shareholder of Newsware.

David Cutler has joined Chicago-based PC Quote Inc. as sales manager for the northeast region

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

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