AlgoEngineering Spins Off Tech Startup

AlgoEngineering officials have tapped Hirander Misra, former COO of pan-European multilateral trading facility (MTF) Chi-X Europe, to be CEO of the new venture.

"We have taken AlgoEngineering's technology and intellectual property into Algo Technologies, and they have now become one of our clients," says Misra.

Algo Technologies officials expect to leverage AlgoEngineering's deployed dark fiber rings that are connected to the major markets in New York and London. In the near future, the vendor

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