Market Infrastructure

On-Line Forex Trading Is Booming, Says Greenwich

A quarter of the world's corporate and financial institutions are trading foreign exchange products online, up from less than a fifth (17 per cent) at the end of 2001. Meanwhile, volume traded online climbed significantly and is expected to rise

Radianz Wins Contract From CBOT

Radianz says the Chicago Board of Trade (CBOT)has selected the firm to provide the Internet Protocol (IP) based networking needed to distribute real time financial information from its new market data feed to approximately 60 market data vendor connections throughout

Deutsche Börse Welcomes Giovannini II

Deutsche Borse has expressed its support for the overall assessment and measures proposed in Volume II of the Giovannini Report on clearing and settlement. The company says it shares the experts' view that in order to raise the level of

Goldman's McErlean Joins Eurex In The US

Michael G. McErlean (42) will join the Eurex U.S. management team. McErlean, previously Global Co Head of Futures Services at Goldman Sachs, will be based in Chicago. With this new hire Eurex is clearly stepping up its preparations for the

Deutsche Borse Mystified As Porsche Sues

Deutsche Borse says it does not understanding Porsche's announcement that it plans to sue the Frankfurt Stock Exchange for requiring it to file quarterly reports. "With this lawsuit Porsche is resisting international standards designed for the protection of investors," says