HyperFeed Files for Chapter 7 Bankruptcy
VENDOR UPDATE
CHICAGO—Chicago-based ticker plant provider HyperFeed Technologies has told employees that it will cease its business and file for Chapter 7 bankruptcy protection this week, after a deal to become part of Exegy, a St. Louis, Mo.-based technology provider, collapsed.
As part of an agreement originally announced at the Securities Industry Association (SIA) technology show in June, HyperFeed and Exegy were to merge and create a range of hardware-based ticker plants that would supersede HyperFeed's
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