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FISD Preps for Next Stage of MDDL

US-based industry body FISD is getting ready to begin promoting adoption of Market Data Definition Language (MDDL), having completed development work on Version 3 of the XML-based standard and its accompanying documentation, officials tell Inside Market…

Susquehanna Buys Into 29West

Messaging software vendor 29West plans to use the proceeds of an equity investment from Susquehanna Growth Equity, the private equity arm of Susquehanna International Group, to expand its sales and technical offices in New York and London and grow its…

Interactive Data Enters Direct Feed Fray

Hot on the heels of Thomson Financial's decision to provide a direct exchange feed option for algorithmic trading, Interactive Data last week announced plans to launch a sub-millisecond direct exchange feed service that will be hosted by network provider…

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