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JP Morgan Chase Selects MGS

DATA CONSUMERS

JP Morgan Chase is using software from UK-based Mighter Gissing Software (MGS) to distribute indicative prices from trading desks in London to four data vendors.

The multi-vendor contribution system, ConteX MCS, is initially being rolled out to distribute real-time prices from the bank's equity derivatives and fixed income desks in London to Bloomberg, Moneyline Telerate, Reuters and Telekurs. Ultimately the bank will contribute prices from its equity derivatives, fixed income and forex desks. It

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