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At a meeting on Sept. 16, members of the board of Dow Jones & Co. were presented with a three-year management plan. The most surprising element of the plan to many was the lack of change to the existing management. Ken Burenga will stay on as chief operating officer and president, and Peter Kann remains as chairman. Industry observers, however, believe that 1999 will not be a good year for Dow Jones (as with other companies) and some expect that the projections laid out in the plan may be too

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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