The Depository Trust & Clearing Corporation (DTCC) announced today it will partner with ACORD on its annual conference this May. The conference brings together more than 1,500 attendees from all sectors of the insurance community including insurance carriers, broker dealers,
Deutsche Bank has sold its 9.3 per cent stake (10.4 million shares) in Deutsche Brse AG. The shares, valued at approximately Euros 360 million, were placed today with institutional investors. The sale was heavily oversubscribed. Most of the proceeds from
Eurex announced today that it had cancelled around 200 trades in futures on the Dow Jones Euro STOXX 50 and Dow Jones STOXX 50 indices on Wednesday. The cancellation only affected certain trades that occurred within a 45 second period
Reuters has launched 3000 Xtra Companion, a new product that provides mobile and remote access to news, prices and charts. Reuters 3000 Xtra Companion offered exclusively to subscribers of the company's flagship offering, 3000 Xtra was developed in response to
Radianz announced today that the Chicago Stock Exchange (CHX) has selected its global financial extranet, RadianzNet, for a variety of Internet Protocol (IP) based networking needs. The company also announced that the Boston Stock Exchange will use Radianz for network
Macgregor, the supplier of buy side trade order management systems (OMS) and FIX network services, today announced that M&I Investment Management Corp. and Marshall & Ilsley Trust Company N.A. (M&I) have selected the Macgregor Financial Trading Platform(TM) (MFTP(TM)) to automate
Three years ago, South African CSD STRATE created the Dispossessed Members Fund (DMF) for shareholders whose share certificates might have become worthless because they had been forged and sold without their knowledge. The CSD says the protection afforded to shareholders
Euronext announced today that the NSC trading system and the Clearing 21 system(2) will be implemented as new platforms for Euronext Lisbon cash market on July 11, 2003. The migration of the participants in Lisbon to NSC and Clearing 21
Computershare and the Norwegian stock exchange, Oslo Brs today announced a new business partnership that they grandiloquently claim will "globally change the landscape of central markets regulation and surveillance." obSurveX the name of the new joint venture is based on
Omgeo has hired Kathy Ball Toncic as executive director, global STP partners programme. Ball Toncic will report to Dave Merrill, managing director of global operations. In her new role, Ball Toncic will focus on ensuring global alignment and effectiveness of