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Cyberattack Forces Derivatives Trading Back to 1980's
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London-based ION Trading UK, a little known but critically important software company, succumbed to a cyberattack early Tuesday morning in Europe. Derivatives shops, used to clearing hundreds of billions of dollars in trades every day, were forced to return to the old days of manually processing deals. Lynn Thomasson reports on Bloomberg Television.
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Cyberattack Forces Derivatives Trading Back to 1980's
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