Dresdner Kleinwort Wasserstein Securities Limited has been approved as a new equity member by Oslo Bors, further increasing DrKW's exposure to the Scandinavian region it already trades on the Stockholmsbrsen and the Copenhagen Stock Exchange. DrKW's membership increases the number
Canada was once described as the Vichyssoise of nations cold, half French and difficult to stir and its persistence with steps towards settlement on T + 1 long after the rest of the world has abandned the idea does testify
Deutsche Brse has just had its best ever second quarter and half year periods. Sales were up 71 per cent in the first quarter to Euros 351.9 million and by the same amount to Euros 702.4 million in the first
OneChicago traded 123,273 contracts in July, the second highest monthly volume for the Exchange after trading 218,730 contracts in June, a quarterly expiration month. Open interest stood at 130,152 contracts July 31. Average daily trading volume was 5,603 contracts. The
The Depository Trust & Clearing Corporation (DTCC) is modifying its Fund SERV mutual fund order routing network to take account of the recommendations of the NASD Industry Task Force on "breakpoints" in mutual fund sales. "We are committed to working
The Tokyo Stock Exchange (TSE) is to boost the capacity of its stock trading and market information systems, following complaints of delays in the delivery of data from its market information system, following a surge in orders. The decision was
The Koean Won will is the latest currency to become eligible for settlement via CLS Bank. CLS Bank International said that the Won would join the system as soon as all the requirements in its rules are satisfied, the necessary
The Depository Trust & Clearing Corporation (DTCC) has launched a new research service. SMART Search for Archived Reports aims to provide firms with access to reports of CSD transactions going back "several years." Accessible over the Internet or through DTCC's
EquiLend, the securities lending cartel formed in May 2001 by the major agent lenders and prime brokers, will use Radianz as preferred connectivity supplier. EquiLend whose founding members include Barclays Global Investors, Bear Stearns, Goldman Sachs, J.P. Morgan Chase, Lehman