Omgeo announced today that Deutsche Bank Global Fund Services (GFS) had become the second client to centrally match cross border trades live on Omgeo Central Trade Manager (Omgeo CTM) on behalf of a fund management client in the Asian region.
Omgeo announced today that it had promoted Scot Knight, currently executive director, Global Product Management, to be managing director of the Americas region including the United States and Canada. In addition, James Casey will expand his current role of managing
The Deutsche Brse Group has reorganised itself. From 1 January, its management will be organised on functional lines with "building" and "operating" trading, clearing and settlement systems kept distinct from "loading" the systems with transactions. At the same time, the
Unicredit Banca Mobiliare (UBM), part of the Unicredito Italiano banking group, has chosen Radianz's global financial extranet, RadianzNet, for Internet Protocol (IP) networking.UBM will use RadianzNet to connect the order management systems of its clients to its own electronic applications
Based on the aggregate turnover statistics, a total volume of 257.2 billion euros was traded on the German stock exchanges in November, more or less even with the previous month's level (October 2002 266.4 billion euros). The November total comprises
Eurex, the international derivatives market, traded and cleared over 63 million contracts in November. A record in monthly volume had been set in the same month of last year with 74 million contracts traded, 14 percent above the number traded
Instinet, the electronic agency securities broker, today reported that a survey of brokers by transaction cost managers Plexus Group had ranked it first in value added for UK executions during the year ended in the first quarter of this year.
FXall, the foreign exchange trading platform, says Commonwealth Bank of Australia, Fortis Bank, SvenskaHandelsbanken and WestLB have joined its system. In all, 43 banks are now plugged into FXall. "We sought a portal that would enable our clients to trade
The number of trades on SETS, the London Stock Exchange's electronic order book, increased 21 per cent in November 2002 to 2.38 million trades compared with 1.96 million in November 2001. The average daily number of trades on SETS increased
The Japan Securities Clearing Corporation (JSCC) decided today that it will go live on 14 January 2003, as originally planned. This remains subject to regulatory approval from the Financial Services Agency (FSA), warns Citibank in Tokyo, but this is expected