Deutsche Brse reported on Wednesday that, compared to the second quarter of last year, sales revenue increased by about 12 percent, to 205.3 million euros. Earnings before taxes and interest (EBIT), at 80.0 million euros, was 14 percent higher than
There will be much rejoicing among vendors peddling ISO 15022 solutions with the news today that SWIFT will not after all postpone the November 16 deadline for migration to ISO 15022. With many fund managers yet to have solved the
RepoClear, the central counter party service for the European repo markets owned by London Clearng House (LCH), announced today that it has added gilt cash and repo markets to its service. These additions take RepoClear's coverage of European government bond
London Clearing House (LCH) announced today that from September 12 it will be providing clearing services to the IntercontinentalExchange(ICE), a web based electronic marketplace founded in March 2000 by leading U.S. and European financial institutions and energy and natural resource
Based on the aggregate turnover statistics, a total volume of 327,8 billion euros was traded on the German stock exchanges in July about 4 percent more than in the previous month (June 2002 315 billion euros). The July total comprises
Radianz today announced that financial professionals in the United States can use its global financial extranet, RadianzNet, to access the International Securities Exchange (ISE). ISE is available via RadianzNet because many of Radianz's customers expressed interest in using their existing
E Crossnet, the croissing network for institutional investors, today announced that it has just completed its best ever month. July saw the highest amount of matched trades on the crossing network since E Crossnet was founded two years ago, as
The SEC yesterday approved customer margin rules governing single stock futures clearing the final hurdle to long delayed start of trade in those products according to Dow Jones. The new rules set minimum margin levels at 20% of "current market
Investec Securities and Shore Capital today became the first Retail Service Providers (RSPs) to use the London Stock Exchange's new Gateway trading service to provide quotation and execution services to private client brokers. The Gateway works by linking RSPs and
Getting corporates on to the SWIFT network is one of the trickier tasks facing the Brussels based messaging network, since its bank shareholders find the idea of direct corporate membership of the network anathema. To counter bank fears of disintermediation,