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IDC expects to close the 7ticks deal next year. (Richard Drew/Associated Press) |
MASS. MOVERS
Interactive Data Corp.’s shares slipped a day after the Bedford company said it would buy privately held 7ticks LLC, an electronic trading network and services provider in Chicago. The deal is aimed at speeding up IDC’s delivery of trading data to institutional customers. IDC said it will use 7ticks’s technology to further reduce delays in its data feeds. Financial firms ... (Full article: 85 words)
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