Capco and Cross Border Exchange owner of a web based platform for automating cross border transactions today confirmed their strategic alliance. The new Capco Cross Border Exchange Strategic Alliance aims to enable both companies to capitalise on the consulting and
HelioGraph, the STop software house and a longstanding member of the Omgeo STP Partner Program, has now joined the Omgeo Central Trade Manager Early Adopter Program. Although HelioGraph's STP platform, TradeFlow, connects to GSTPA and other potential global STP solutions,
Radianz today announced that Archipelago's network offerings will be expanded to include Radianz's global financial extranet, RadianzNet, to connect additional European and U.S. financial professionals to all of Archipelago's electronic services for trading stocks. The Archipelago Electronic Communications Network (ECN)
Following the successful migration of all JSE listed counters to STRATE and the concurrent changes to market practices, the electronic settlement system has found it necessary to review the underlying assumptions on which its charges were originally determined. Monica Singer,
Currenex today announced that JPMorgan and Deutsche Bank have joined Currenex's web based service, FXtrades, with JPMorgan already executing trades. Members on the Currenex service will now be able to access the liquidity that the world's largest banks offer, reach
As confidence in the viability of the virtual matching utility (VMU) owned by GSTP AG continues to erode, SWIFT has stepped in to shore it up. Earlier today the Brussels based messaging network which believes its role as a supplier
A Celent Communications report published today Nasdaq SuperMontage Will ECNs Survive? predicts that ECNs not participating in SuperMontage will see their market share evaporate. In recent years, ECNs have come to account for a over third of trading volumes on
Brennan Succeeds Bolsover at Baring Asset Management Baring Asset Management, a unit of ING Group, has appointed David Brennan chairman and chief executive, effective July 1.Brennan has been with the company for 14 years and has been chief executive of
Eurexis now offering futures on the Dow Jones STOXX 600 SM Banks and Dow Jones Euro STOXX SM Banks indices in the United States. The U.S. regulatory agency Commodity Futures Trading Commission (CFTC) issued the appropriate "no action letter" to
Asia Global Crossing announced today that it has determined to avail itself of the 30 day grace period for paying the interest due on April 15th on its $408 million of 13.375% Senior Notes due 2010. The grace period will