The London Stock Exchange has announced the signing of an agreement with Clearnet to provide the central counterparty for its full, bespoke equity trading service in Dutch securities. The service, which is based on SETS, the Exchange's electronic order book,
JPMorgan has announced its appointment as the exclusive securities clearance provider for Deutsche Postbank AG for its international fixed income securities portfolio, which is valued at more than Euro18 billion. The mandate represents the largest German combined international securities, clearing
Euroclear is pleased to announce that it will launch a new service for Singapore Government Securities (SGS) early in 2004. The move completes Euroclear's coverage of Singaporean securities, which already encompasses corporate debt, equities, warrants and investment funds. Euroclear Bank
Radianz and the Australian Stock Exchange Ltd. (ASX) have announced that Radianz is providing Internet Protocol (IP) based networking on a global scale to ASX. The companies said ASX is using Radianz's global financial extranet, RadianzNet, in order to connect
The EBA Clearing Company announced yesterday that the Italian EBA banks have confirmed their intention to migrate domestic payments traffic to the STEP 2 system. A specific working group within ABI, the Italian Banking Association, has been created in the
CityCompass, the discussion and education forum for the financial services industry, announced that it has formed a partnership for financial technology analysis with Bloor Research, Europe's largest independent IT analysts, in order to address important technology and business issues within
CLS Group Holdings AG (CLS Group) says that Korea Exchange Bank and Kookmin Bank have become shareholders of CLS Group, bringing the total number of banking and financial institutions as shareholders to 69. This follows the recent announcement that the
TSX Datalinx announced that it has entered into an agreement to distribute CanDeal data and information through Reuters making it the first market data vendor to distribute CanDeals' fixed income information to trades and investors in Canada and around the
ADP Wilco, a subsidiary of Automatic Data Processing, Inc., announced that its Germany based outsourcing service bureau for SWIFT messaging has been successfully audited and complies with requirements set out in SWIFT's Service Bureau Security Rules and Guidelines for 2003.
The securities trading firms International Marketmakers Combination, Optiver, Van der Moolen Amsterdam, Archelon Deutschland and Timber Hill agreed to quote binding bid and ask prices in the trading of AEX25 blue chips on Xetra, which will provide high liquidity. The