Total cash bond trading volume (excluding derivatives) among domestic institutional fixed income investors in Japan declined by 9% over the past year to 212 trillion. However, among international investors based in Japan, total cash bond trading volume increased by 6%
BNP Paribas has "taken note" of the Credit Lyonnais' press release which underlines the friendly nature of its proposal and which indicates the Credit Agricole had expressed its strong interest to carry out a broader merger process. It seems that
Townsend Analytics, Ltd. (TAL) has agreed to use Radianz's global financial extranet, RadianzNet, for Internet Protocol (IP) based network connectivity to partners and clients. Radianz says RadianzNet was selected for two reasons its existing connectivity to thousands of financial institutions
Trema, a provider of software, today announced that Deutsche Bundesbank's foreign currency reserve management group has gone live with its central banking solution. "Trema's solution delivers STP across front, middle and back office for the bank, which is now fully
Citibank says the Securities and Exchange Board of India (SEBI) has cut the registration fee for qualified foreign institutional investors (FIIs) US$10,000 to US$5,000, with immediate effect. The banks adds that it has also reduced the timetable for approving properly
Bank Negara Malaysia (BNM), the Malaysian central bank, has announced the first relaxtion of the foreign exchange controls imposed by the Matahir Mohamed regime in the wake of the Asian Flu epidemic of 1997 98. Ringgit assets purchased by residents
OM says it has reached a technology co operation and facilities management agreement with Nordic Electricity Clearing House ASA (NECH), a subsidiary of Nord Pool, the Scandinavian electricity exchange. Nord Pool offers trading in standardized physical and financial energy contracts
Eurex says the outstanding volume on its Euro repo platform has increased by over 300 per cent to Euros 10 billion in the last year. The participation of the German Finance Agency on the Eurex Repo platform since May 2002
London Stock Exchange and OM announced today that they are to develop and provide derivatives market services specifically tailored for equity market participants through the creation of a new international equity derivatives business, EDX London. OM says that EDX London
The Trades Union Congress (TUC), the central bureaucracy of the British trade union movement, today warned the British government against copying American attempts to reform pension provision through tax incentives for employers. It urged them to adopt instead the Australian