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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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Doing a deal? Prioritize info security early

Engaging information security teams early in licensing deals can deliver better results and catch potential issues. Neglecting them can cause delays and disruption, writes Devexperts’ Heetesh Rawal in this op-ed.

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