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
The total number of UK trades on the London Stock Exchange increased to 2.81 million in December 2002, up 23 per cent compared with 2.29 million in December 2001 though there were 20 trading days in December 2002 compared with
Eurex is planning to launch a US derivatives exchange of its own. The company announced today that it was in advanced talks with US regulators and market participants to launch a US registered and regulated exchange offering a full range
Mike Versace, the National Director of Financial Services for Niteo Partners, a consulting and solutions firm and an NEC Company, was unanimously elected for a three year term as Chairman of the International Organization for Standardization (ISO) technical committee on