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New Futures Exchange Named ELX, Realtime Systems Group First ISV Partner

At 13 Mar 2008 06:52:32 in ET-Connectivity, ET-Exchange Technology, ET-Exchanges, Electronic Trading    Print Article  Email Article   Full content requires subscription 

The new electronic futures exchange being set up by a group of banks and trading firms to take on the Chicago Mercantile Exchange has been named ELX Electronic Liquidity Exchange. Bank of America, Barclays Capital, Citigroup, Credit Suisse, Deutsche Bank Securities, JPMorgan, Merrill Lynch and Royal Bank of Scotland, along with Chicago-based trading firms Getco and Peak6 and hedge fund Citadel, are investing in the new exchange, which will be powered by technology developed and supplied by eSpeed.



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