The European Securities Forum (ESF) has reacted to criticism that it is too Anglo Saxon by agreeing to enlarge its membership to as a press release today puts it "reflect more fully the nationalities of the EU." Loosely translated, this
ICor Brokerage Ltd, the 50 50 joint venture between Reuters and ICor Brokerage, announced the launch of its online brokerage service for FX Options in Asia Pacific. The service, ICor Brokerage FX Options, provides electronic broking of FX Options to
US Securities and Exchange Commission Chairman Harvey Pitt said the accounting profession should be supervised by a new governing body made up of both accountants and non accountants. The new board would be able to compel parties to turn over
The Depository Trust & Clearing Corporation (DTCC) White Paper production machine has spun again, and spat out another document. This one contains a masterplan to reinvent settlement everywhere and shift the world on to the virtuous path of global STP.
Banca di Roma in Italy has awarded ABN AMRO the mandate for third party Continuous Linked Settlement (CLS) services. The mandate covers all the settlement traffic for the CLS eligible currencies, which represent the majority of Banca di Roma's foreign
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different
According to a report in Wall Street & Technology, former TradingLinx CEO Gordon Henderson has the backing to resurrect the failed alternative to GSTP axion4 and Omgeo. The reports says After a two year run which featured more twists and
Constitutive Meeting of the Exchange Council of Eurex Deutschland Frankfurt, Germany January 10, 2002 Eurex, the international derivatives exchange, announced that the newly elected Exchange Council of Eurex Deutschland met for the first time. The Council members elected Leonhard Fischer,
Finnish custodians wrestling with client service complaints have long had to struggle with one of the least developed market infrastructures in Europe. So they are among supporters of the plan by the Helsinki Stock Exchange (HEX) to develop a new
Continuing to reform India's securities processing infrastructure, the country's regulator, the Securities and Exchange Board of India (Sebi), has slated April 1 to shorten the settlement cycle from five days to three days. The decision came in a brief statement