FXall, online foreign exchange trading platform, says Barclays Capital, BNP Paribas and CSFB will use its prime brokerage messaging srvice. Ten banks now support FXall for prime brokerage. "We are excited that FXall is solving the problem of brokerage messaging
Eurex turned over 93 million contracts in October. Compared with October 2002 (86.5 million contracts), volume increased 7.5 percent. From January to October 2003, the derivatives platform turned over 874 million contracts, about 28 per cent higher than the number
YouDevise says it has added two modules to its Securities LendingXpress (securities financing application. They are a position monitor and a cash forecasting and investment tool. YouDevise says the position monitor extends Securities LendingXpress from its existing customer base in
Syntegra says that London merchant bank Singer & Friedlander has installed its new compact ITS p31 telephony switch. The company says Singer & Friedlander's London traders have been using the ITS p31 since April. 37 banks in 13 countries around
Richard Strong yesterday resigned as chairman of Strong Mutual Funds, a few days after New York attorney general Elliot Spitzer threatened to charge him with improper trading. Strong will retain day to day control over its parent company, Strong Capital
TradeWeb, the online fixed income trading platform, says Danish and Swedish government bonds traded successfully on the system for the first time last week. On its first day of trading on 28 October, TradeWeb received trade enquiries exceeding 2 billion
Computershare has appointed Rob Cooper to the position of Technical Manager, Global Share Plans. He will be responsible for ensuring Computershare focuses on, understands and complies with current legislation in the administration of its clients' employee share plans. Computershare says
Wall Street Systems says Scotia Capital has implemented its treasury engine to handle its global foreign exchange trading operations. The system went live on 19 May 2003. The implementation at Scotia Capital follows an initial roll out of The Wall
Katherine Garrett Cox will succeed Gerry Holtham as chief investment officer (CIO) at Morley Asset Management, on his retirement in 2004. She will also be appointed to the Morley board. Garrett Cox was most recently chief investment officer at Aberdeen
Eurex, the world's largest derivatives exchange, announced the approval by shareholders of a corporate restructuring plan for The Clearing Corporation. The decision allows The Clearing Corporation to clear trades for its U.S. regulated and U.S. based exchange, Eurex US. It