March was the most successful month ever at Eurex. The derivatives market set a new record in monthly volume with over 106 million contracts traded, beating the previous record set in October 2002 (86.6 million contracts) by some 20 million
The Patriot Act will oblige Wall Street investment banks to invest $700 million improving their anti money laundering technology over the next two years. Or so says the Tower Group, in a new report entitled The USA Patriot Act Brokers
Reuters says its Treasury Broking Services business achieved record trading volumes in the first quarter of this year. The company also announced the introduction of additional Emerging Market currencies to its electronic foreign exchange broking service. "Reuters electronic broking service
Barclays Capital, Nomura International, Nordea and The Royal Bank of Scotland have agreed to deal on TradeWeb, the on line fixed income trading platform for European Government bonds. The three banks have also joined the platform to trade Euro supranational
Moneyline Telerate has become the sole licensee of spot and forward foreign exchange price quotations genertaed by the FXall trading platform. Work on a link has begun and is expected to be completed within the second quarter of this year.
Eurex claimed to have posted a new record in total turnover and in Bobl futures yesterday. The derivatives market says more than 7 million contracts traded on a single day for the first time, with total turnover hitting 7,360,750 contracts
BrokerTec Futures Exchange, the US based electronic fixed income futures exchange, announced today that its exchange feed will now be available via Bloomberg's desktop terminals. Bloomberg's 170,000 users will now have access to streaming, real time market data on BTEX's
The main shareholders in South African CSD STRATE ( Share TRAnsactions Totally Electronic Ltd) are discussing with the Universal Exchange Corporation Ltd ("UNEXcor") and The Central Depository Limited ("CD") how best to cut costs and increase efficiency in clearing and