Market Infrastructure

Turnover Slumps In Stockholm In 2002

Total share turnover on the Stockholm stock exchnage was down significantly on 2001, amounting to SEK 2, 702 billion, against SEK 3,994 billion in 2001. The total derivative trading turnover amounted to 60 920 817 contracts, against 62 735 817

Eurex Claims Another Record Year In 2002

Eurex, the international derivatives exchange controlled by Deutsche Borse, says it has already set a new world record in trading volume in 2002. Based on the preliminary figures, which include estimated volumes for the last five trading days of the

Clearstream Bolsters Vestima With Filinks Acquisition

Clearstream announced today that it was buying Filinks from CDC Ixis Capital Markets, in order to enhance the mutual fund processing capabilities of its Vestima platform. Filinks has developed a technology (FORS) which Clearstream says can dramatically improve STP rates

SWIFT Says Gartmore And DrKW Are Live On SWIFTNet FIX

SWIFT announced today that Gartmore Investment Management and Dresdner Kleinwort Wasserstein Securities (DrKW) are using the SWIFTNet FIX service to communicate FIX allocations. They are the first fund manager and broker dealer to make the transition from the SWIFTNet pilot

NASDAQ Japan Morphs Into Hercules

The former Nasdaq Japan, which is now operated by the Osaka stock exchange, has changed its name to Hercules. Before the Osaka stock exchange took on the market, NASDAQ had expressed concerns that the Japanese exchange risked protecting the interests