Deutsche Börse Picks Cicada Corp. To Build New Feed Architecture

DELIVERY TECHNOLOGIES

FRANKFURT--Deutsche Börse is working to develop a new feed handling and information distribution architecture for delivery and packaging of its market data services. The exchange has selected newly formed Cicada Corp. to aid this development.

At the same time, Liffe, which competes with Deutsche Börse's subsidiary Eurex, has also begun development work on a new feed (see related story, this issue).

The new IP-based feed--named the Consolidated Exchange Feed (CEF)--will serve as the platform go

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