Update: CME Buys Pivot for Hybrid IM Data, Trading

michel-everaert-cme
Michel Everaert, managing director, OTC Solutions division, CME

Derivatives exchange operator CME Group last week acquired Pivot Inc.—a provider of instant messaging technologies for trade negotiation, price discovery and liquidity aggregation—for an undisclosed sum, to provide a more tightly integrated messaging and price handling service as part of its CME Direct hybrid platform for trading listed and over-the-counter derivatives, but will continue to support standalone sales of the vendor’s software in listed equity markets, officials say.

Primarily, CME

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: