Eurex traded and cleared 85 million contracts in January, its second highest monthly volume to date. Compared with January 2002, trading on the exchange grew more than 30 percent, with an average of some 3.9 million contracts traded per day.
JPMorgan Treasury Services announced today that it had been selected by CLS shareholder Banco Popular Espaol to provide CLS third party services. Morgan says Banco Popular Espaol, the third largest banking group in Spain, selected it after an extensive review
The last of the five domestic Market Advisory Committees (MACs) promised by Euroclear at the time of the CREST acquisition met for the first time today. Members of the Dutch MAC met in Amsterdam today. The MACs were created as
Omgeo announced today that the number of clients opting to use its Omgeo OASYS TradeMatchSM central matching service for U.S. domestic securities has risen significantly. Adopting OASYS TradeMatch is seen by Omgeo as a crucial step by US fund managers
TradeWeb, the online fixed income trading platform, executed trades worth $10.8 trillion in 2002 with peak volumes hitting over $80 billion a day and monthly volumes of over $1 trillion. The platform includes 19 major dealers and over 1,200 fund
Hong Kong Exchanges and Clearing Limited (HKEx) today confirmed its earlier decision to abolish minimum brokerage commissions from 1 April this year. From that date, commissions will be freely negotiated between brokers and their clients. A tripartite forum, consisting of
Grupo mF the Spanish electronic securities trading group which combines the MEFF futures and options market, the SENAF government bond trading platform and the AIAF corporate bond platform say trading volumes were up last year by 10.5 per cent to
The Tokyo Stock Exchange (TSE) today signed a Memorandums of Understanding (MOU) with the Shenzhen Stock Exchange. It signed a similar memorandum with the Shanghai Stock Exchange on 20 December last year. The agreements promise long term co operation to
Werner Seifert once described Deutsche Borse as a technology company rather than a stock exchange. Today's news that Deutsche Brse Systems and entory have been awarded a contract to provide a search engine for the German Federal Tax Agency is