SHORT STORIES

SHORT STORIES

SOFFEX PLANS FOR MARCH 1 OPENING

Accusations that options and futures accelerated the stock market crash haven't shaken Switzerland's determination to build a computerized exchange for trading these contracts.

In preparation for its March 1 opening, the Swiss Options and Financial Futures Exchange (SOFFEX) this month will begin testing its electronic trading and clearing facilities and its data distribution network. In February, SOFFEX will conduct simulated trading.

The black box exchange is being

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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