The acquisition of the half of Clearstream it diod not own already has buoyed the management of Deutsche Borse. Chief financial officer Mathias Hlubek predicted 10 15 per cent growth in revenues this year as he unveiled record results for
The Depository Trust & Clearing Corporation's depository processed yesterday the single largest corporate bond issue in its history while also exceeding by almost 60 percent the previous record for the daily cumulative monetary value of all its municipal and corporate
STRATE will not stop at its current function of settling trades in equities and share warrants electronically. Monica Singer, CEO of STRATE Ltd, told guests at a Dealmakers function last night (Wednesday) that STRATE aimed to provide a global and
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
Radianz today announced that Standard & Poor's will make a range of S&P market data information products available in Europe via Radianz's Internet Protocol (IP) based global financial extranet, RadianzNet. The move will give financial institutions connected to RadianzNet easy
Monte Titoli made a net profit of Euros 5.9 million in 2001, Euros 1.3 million upon 2000, according to results approved by the board today. The Italian CSD attributes the improvement to the growing volume of assets held by its
Reuters has confirmed the seriousness of its ambitions in the global STP arena by hiring one of the giants of the business. Chris Smith joined Reuters on Monday, as a member of the STP global marketing team led by Tony
SWIFT today announced that the SWIFTNet FIX messaging solution will connect to the New York Stock Exchange (NYSE), giving investors around the globe direct access to trade stocks in the world's leading equities market using the FIX industry standard. The
One telecommunications provider reckons it has avoided the fate of Global Crossing. SAVVIS Communications, a global network service provider which lists Royal Bank of Scotland, Reuters and Garband among its clients, has secured equity financing of $158 million to reduce
SimCorp joins Omgeo STP Partner Program Omgeo, the DTCC Thomson virtual matching utility, has signed up Simco as one of the "partner" vendors it hopes will help it tie more fund managers, broker dealers and custodians into its solution than