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alliecorp

12/19/07 6:19 PM

#745 RE: physicsman1 #744

physicsman...I think this last statement answers your question...141 will use STv2 as their base platform for their trading systems and have revenue sharing plan too...I think that they are also saying that 141 will also use any means available to create the best trading platform for their purposes. It looks as though 141 was simply covering all their bases. allie



Initially, 141 will concentrate on trading SWARM and several other proprietary systems currently being developed by 141 for the energy sector. As a trading systems incubator, 141 will engage in the development of high frequency algorithmic systems to be co-located at the exchanges in order to facilitate low-latency (fast) execution. It is intended that most trading system development will occur on the SpoozToolz™ platform, and that some selected trading systems will be marketed on a limited basis through Spooz, Inc., via a revenue sharing plan.

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Gbathat

12/19/07 6:24 PM

#746 RE: physicsman1 #744

I think they'll be using Spooztoolz for developing systems in house... that's how they made 141 as well. By marketing these systmes through Spooz's lease/share program, Spooz will get its cut. jmo