An Israeli-based start-up is bringing large-scale market advantages to any size of trading house, from the smallest to international power houses.
Stocks, bonds and futures in everything from financial instruments, coffee to gold and hydrocarbons used to be traded in open-outcry exchanges – an apt name considering the organised chaos in the pits. Scenes of traders clad in bright jackets yelling bids amid a blizzard of ticker tape and order slips made for good news footage, but the business model was ill-suited to the digital age.
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