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Correction: In the last issue of IMD, Quant Trading Inc.'s president, Daniel Pollner, was misidentified.

Just off the wire, Dow Jones released its first-quarter earnings results, which showed remarkably strong performance by the vendor's information services group, which comprises primarily Dow Jones Telerate. The group posted operating income up a whopping 39.7 percent over the same period last year. Revenue was up 9.9 percent over last year's first quarter. For more on how Telerate managed to

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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