Accurate Software says National Bank Financial, a Canadian investment bank, and its subsidiary NBCN Clearing, a provider of third party clearing and brokerage services, have selected Accurate's Operational Risk Management solution to extend the automation of back office operations. National
US hedge fund managers have changed their bearish stance on the US Dollar over the last two months and become decidedly bullish for August. More than half of the managers (54%) polled by Van Hedge Fund Advisors expect the US
"The financial services sector of the United States is open for 'business as usual,' despite yesterday's warnings from the Department of Homeland Security," stated Donald F. Donahue, Sector Coordinator for Banking and Finance and Chairman of the Financial Services Sector
Xcitek says that Fortis Securities LLC has licensed Xcitek's Portfolio Tracking Service for corporate actions data management. Fortis will now receive comprehensive domestic and international corporate actions data for its securities of interest file via a web based platform. "We
Eurex has made it easier for member firms trading out of Gibraltar to access its trading platform. Eurex opened a new Access Point in Gibraltar on Monday and connected its first local trading member, increasing the number of access points
Approximately 75.5 million contracts were traded and cleared by Eurex in July. This brings the total number of contracts traded in the first seven months of the year to 628 million contracts, an increase of approximately three percent compared to
The German stock exchanges generated an equities turnover of EUR75.7 billion in July up by around 4 percent month on month (June 2004 EUR72.8 billion). EUR 70.9 billion of this total relates to trading in German equities, with foreign equities
ADP Brokerage Services Group (ADP) has launched a fee management system designed to handle complex fee arrangements and increase operational efficiency. ADP's Fee Management System allows users to update fee schedules, set minimums and maximums, prorate fees over multiple accounts
The average value of share trading per business day Stockholmsbrsen amounted to EUR 1,710 million in June (during the past 12 month period EUR 2,116 million). The average number of trades per business day was 42,524 (during the past 12
Northern Trust has appointed Karen Hamilton as Vice President and Product Development Manager for its European Global Fund Services (GFS) Business. Based in London, Hamilton Karen will primarily be focused on developing new products and services for UK and continental