CORE DUMP
CORE DUMP
The Toronto Stock Exchange is proposing to eliminate its floor trading in favor of an all-electronic system. Surprisingly, that system will not be the IBM-based Computer Assisted Trading System (CATS) that the exchange built some 15 years ago and has since sold to a handful of other exchanges. Instead, the exchange's development group will undertake a year-long project to overhaul the Tandem-based system currently used to support specialist trading on its physical floor. The revised system will
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