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Pipeline Sets for Eastern European Expansion

LONDON-Officials from Pipeline Financial Group, the European business of the U.S.-headquartered Pipeline Trading Systems, have completed the first phase of Pipeline's deployment in Europe and plan to expand its clearing models by early 2010.

Tibco Debuts Distributed Caching Platform

PALO ALTO, CALIF.-Enterprise software developer Tibco Software has released ActiveSpaces, a distributed middleware product combining an in-memory database and messaging system, to support the development of distributed applications that need to run…

OTC Derivatives Clearing Debate Continues

NEW YORK-The Over-the-Counter Derivatives Act of 2009 approved by the U.S. House Financial Services Committee on Oct. 15, if signed into law, would shift the responsibility for regulating and ensuring central clearing of over-the-counter (OTC)…

BNP's Foster Ends Leave, Starts at Instinet

LONDON-Global agency broker Instinet has hired Alexandra Foster to head its U.K. sales team starting today, Nov. 2. Foster has been on gardening leave from her former employer BNP Paribas, where she was the head of sales and global execution services.

Pulse Trading Seeks to Expand BlockCross Coverage

BOSTON-Agency broker Pulse Trading, operator of alternative trading system (ATS) BlockCross, plans to grow the continuous crossing network organically as well as through partnerships with other crossing networks, officials tell DWT .

SEC Takes Multi-faceted Approach on Market Reform

NEW YORK-The ardor for a wholesale regulatory restructuring in the financial industry appears to have cooled, focusing on points where there is widespread agreement throughout the financial industry that measures are necessary to restore trust among…

The Price Isn't Right

The recession has put pressure on data consumers to lower costs and operate on tight budgets, but there have been mixed responses from vendors. Tine Thoresen reports on the pricing conflict

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