The Frankfurt Stock Exchange (FWB Frankfurter Wertpapierbrse) has amended a provision in the Exchange Rules that required equities transactions to be settled through the central securities depository, Clearstream. As a result, exchange transactions can now be settled through any duly
The Bank of New York, a provider of integrated outsourcing solutions to financial institutions worldwide, has announced that it has been selected by RCM Capital Management LLC to provide a full spectrum of outsourcing services. The Bank will assume responsibility
CheckFree Financial and Compliance Solutions has announced three new client wins for Kedrios, a CheckFree business partner and Italy's leading provider of outsourced middle and back office services. Abax, Duemme, and Pictet are among the latest leading brokerage and investment
Radianz, a provider of secure, reliable, and scalable counterparty, supplier and customer connectivity to the global financial industry, and The Relegence Corporation have announced that Relegence's FirstTrack(tm) service will be distributed to financial institutions via Radianz's global market infrastructure. Through
JPMorgan Treasury Services (TS), a unit of JPMorgan Chase Bank and a leader in global payment, trade and treasury services management, automated cash and treasury management solutions, has been selected by the New York Clearing Corporation(r) (NYCC(r)), the clearing house
The Chicago Board of Trade will find it difficult to attract liquidity to its new contracts in German government bond futures according to a survey of major international banks. Last week in retaliation against Eurex, CBOT announced its launch of
FTSE Group and Dow Jones Indexes, two of the world's most successful index providers, signed a Memorandum of Understanding today to merge their industry classification systems to create a single, seamless structure covering equities and corporate bonds globally. The new
OMHEX and the Chinese CSD China Securities Depository and Clearing Corporation Limited have signed a Memorandum of Understanding (MoU) The MoU identifies areas of mutual co operation, including the exchange of information to assist in the further development of the