03/10/2003

SCROLLING NEWS

Fahnestock Renews Reuters, Replaces ILX

Fahnestock & Co., a New York-based self-clearing brokerage firm, has renewed and extended its agreement to use Reuters Plus for its retail equity workstations. In the four-year deal, the firm is renewing its 1,250 positions of Reuters Plus as well as another 1,000 positions of Reuters Plus to replace the ILX service used by Oppenheimer & Co., which Fahnestock acquired last month from CIBC World Markets Corp. A spokesperson says it decided to replace ILXto

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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.

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