Tech and data giant Bloomberg told RTS Tango clients system to be phased-out
Bloomberg has told clients it plans to
switch off RTS’s main high-speed trading system
less than two years after acquiring the tech vendor, a move
that has frustrated some long-standing RTS clients.
Bloomberg has told users of the RTS Tango
system, which is popular among high-speed futures and options
prop trading firms, it will phase-out the system and help
migrate affected clients to a Bloomberg screen or a third-party
system as appropriate.
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