Securities Finance

EuroMTS Launches MTS Austria

EuroMTS has launched MTS Austrian Market, a segment of EuroMTS. It lists all Austrian government bonds with a minimum outstanding size of at least Euros 3 billion. MTS says the new segment will complement trading of Austrian benchmark government bonds

Stewart Wright Steps Down At Clearstream

Stewart Wright, executive director of the banking business at Clearstream, left the Luxembourg based ICSD for the last time last night. Wright, who joined the then Cedel in January 1995, is said to want to spend more time with his

ICAP Finally Completes Acquisition Of BrokerTec

ICAP, the inter dealer broker, has completed its acquisition of the majority of BrokerTec's trading operations from the fourteen investment banks that founded it. The acquisition, which was announced in January this year but initially agreed between the parties two

Swiss National Bank Gives Eurex Repo A Boost

Eurex says it expects the number of participants in the Swiss franc repo market on Eurex Repo to double over the next two years as the Swiss National Bank (SNB) steers its Lombard facility through the platform from next year.