FXall, the online foreign exchange trading platform, says more than 350 customers are now signed for trading on it. In September, another 44 customers joined FXall making it a record month for client take up. FXall users get real time
Reuters CEO Tom Glocer will launch Reuters Messaging a new instant messaging service for financial services on Monday. Last year, Reuters announced that it was working with Microsoft and 25 financial institutions to develop Reuters Messaging, a high security instant
State Street announced today that it has been selected to provide a full range of investment services to The Pension Fund For State Employees in Iceland (Lifeyrissjodur Starfsmanna Rikisins "LSR"), which has $1.4 billion in assets. State Street will provide
The French Finance Ministry announced today that it is to issue the first ever long dated, 30 year Government Bond linked to the Eurozone inflation rate. It expects the bond to be particularly attractive to pension funds, life companies, and
According to research undertaken by the actuarial and pension consultants UBSL, FTSE 100 companies' pension schemes have lost 63 billion since the start of the year, taking their overall pension fund deficits to 59 billion by the end of last
Credit Suisse First Boston announced effective today that CSFB's Liquid Global Fixed Income Indices are now available on Bloomberg. CSFB customers who are Bloomberg users are able to access all of CSFB's liquid bond indices, including the Liquid U.S. Corporate
The financial services sector saw growth in business volumes level off over the past three months, forcing firms to cut costs in order to boost profitability. The latest quarterly survey by the CBI and PricewaterhouseCoopers will disappoint companies, which saw
Don Cruickshank announced today that his term as Chairman of London Stock Exchange plc will end at the company's AGM in 2003. Commenting on his decision, Don Cruickshank said today "My term as Chairman ends at the 2003 AGM. I
SunGard eProcess Intelligence announced today that a Swiss bank, Bank Wegelin & Co. Privatbankiers, had selected its intelliMATCH solution for automatic processing, matching and reconciliation of cash nostro accounts, trades and holdings, and FX and money market confirmations. "The bank
Following the precipitous drop in its share price yesterday and today, amid concerns about the need for a capital injection into its ailing insurance subsidiary Winterthur, Credit Suisse Group said it could not think of any "objective reasons" for this