Month: July 1999

CME’s Incentive Programme For Euro FX Gets Interest

The Chicago Mercantile Exchange (CME) says its incentive programme that introduced in April is already boosting volumes in its Euro FX futures and options contracts[]. The trading permit and incentive programmes for Euro FX and Euro FX Cross Rate futures and options is designed to get new traders into the pits, as well as offer […]


ACI has been around for 44 years. Julie Ros looks at the past, present and future of the global financial markets association. Since its humble beginnings back in 1955, ACI-The Financial Markets Association, as it is now called, has grown to become the world’s largest international wholesale trade association, representing the biggest and most transparent […]

New Version of Devon System Released by SunGard’s Infinity

Infinity, a SunGard Company, has released the Devon System 99.1, which has additional support for Brazilian and Italian instruments, as well as enhanced straight-through processing and seamless integration with Excel. Devon provides trade entry and processing for a wide range of FX, interest rate, futures, securities and equities. This latest version provides extended instrument and […]

Hand Held Devices Get New Look from Mobeo

Mobeo, makers of FX Alert, have given the old financial pagers a new look for the millennium. The new F/X Alert f/xtra uses a new version of Motorola hardware that has a wider screen, which can display up to eight lines of text at a time, and even has a graphics capability. F/X Alert, which […]

IDEA Puts its Eggs In the Internet Basket

“We are an Internet company,” says Mike Gallagher of, the new moniker for I.D.E.A., the global market analytics service provider. The company announced its name change in conjunction with the launch of several Internet-based offerings, including TimeMachine and, both of which serve as platforms for delivering real-time financial analysis. In pursuit of its […]

WMBA Holds First Awards Ceremony for Graduates

TheLondon-basedWholesale Markets Brokers Association (WMBA) will, for the first time, hold an awards ceremony for successful candidates of its professional diploma qualification, which it launched last October. The WMBA training programme was acquired from money brokers Prebon Yamane last October. With its purchase of Prebon’s syllabus and diploma, the WMBA seeks to broaden the knowledge […]

NAB Hires CSFBs Cole In Overseas Sales Drive

The National Australia Bank is midway through a concerted effort to broaden its reach into the corporate and funds management sectors. Since January, the bank has relocated several senior managers in an effort to place local heads of markets in each of its major centres. NAB shuffled the deck at the beginning of the year, […]

RBC Duo Klingsick & Barnett Announce Joint Retirement

Having worked together for 25 years, all of it with the Royal Bank of Canada (RBC), Martin Klingsick and David Barnett announced their joint decision to retire from the markets this summer. Upon leaving, Klingsick was the regional head of treasury for Europe and Asia covering all products from London, and Barnett was the co-global […]

CAI Undergoes Expansion- Bolstering Global Operation

Credit Agricle Indosuez (CAI) wants to be number one. The French bank has recently made a number of hires in London to bolstering its euro coverage, according to London-based FX manager Simon Eedle, and is also looking to strengthen its sales operations. Steve Walker joined the bank as deputy chief dealer in charge of euro/dollar […]

MCM Signs Internet Tech Deal with Tibco

MCM has signed a deal with Tibco Finance Technology that enables it to simultaneously offer its currency, fixed income and equity services over Reuters, Bloomberg, Bridge/Telerate and Internet browers. MCM is now using Tibco’s TIBAuthor to publish more than 25,000 updates per day to its global client base. “TIBAuthor provides MCM a flexible platform that […]

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