The thing about useful stuff is: For whom the bell tolls

For whom the bell tolls Tuesday, September 23, 2008

Eli Lederman, CEO of alternate trading exchange Turquoise and formerly of the Morgan Stanley parish, stands proudly in the offices of his whizzy new execution venue but clearly harks for the past - he has bought a shiny bell declaring that "a real exchange needs a bell". That's what you call a competitive advantage with which to beat the opposition [or deafen them perhaps]. .