Syntegra announced today that brokers Prebon Yamane went live in Sydney earlier this month with its ITS turrets, speakers and voice trading technology. The new technology replaces an older Syntegra system that the broker installed in 1992. "Following the decision
Buttonwood Tree Group, a technology consultancy, says Ian Cohen, previously COO of Barclays Capital and before that CEO of Jiway Broker Services, has joined as group director with responsibility for developing the company's Operational Services and Business Risk Control solutions.
The UK Trades Union Congress (TUC) has told the government that its Green Paper on pension reform is not enough. The TUC told the government today, in its submission on the document that far more needs to be done. In
The pace of consolidation in Scandinavian banking and insurance could accelerate if proposals recently put forward by the Norwegian government are passed into law. A bill now before the Norwegian Storting (Parliament)proposes the abolition of ownership restrictions on Norwegian banks
Malysia, which earned the opprobrium of the industry when it imposed exchange controls during the Asian Flu of 1997 98, today loosened them a little. The central bank, Bank Negara Malaysia (BNM), has announced a liberalization designed to make it
The Financial Times reports today that Todd Christie, CEO of the Spear Leads & Kellogg correspondent clearing operation owned by Goldman Sachs, has stepped down. Christie was a partner in the firm, which Goldman bought for $6.2 billion in 2000.
Custodians struggling to persuade clients to use their execution services may or may not be pleased to learn that electronic execution is poised to boom as the market fragments and institutional investors acquire a taste for lower prices. At least
Citco Bank says it will run a series of Hedge Fund Academies across Europe, starting with Switzerland this year and the UK, Germany and Italy over the next two years. The fund administrator has run a Hedge Fund Academy in
Reuters says its Treasury Broking Services business achieved record trading volumes in the first quarter of this year. The company also announced the introduction of additional Emerging Market currencies to its electronic foreign exchange broking service. "Reuters electronic broking service
Terry Williams, the founder of Wilco, is now with a company which claims to have liberated corporate software buyers from the invidious choice between hugely expensive bespoke solutions and inflexible off the shelf packages. The liberator is a rules based