Trading Technologies (TT) ceo Harris Brumfield has set
out why he believes TT is entitled to hundreds of millions of
dollars a year in payments from futures exchanges, backed up by
threats of worse consequences for the futures industry if it
fails to comply.
Brumfield's manifesto, running to several pages, was
released today as an 'open letter to the futures
industry'. It states that TT could be "sold without
notice" to an interested party, and that "there are
joint-venture offers for TT to be part of launching a 'super
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