Month: November 1999

Q & A With Stonebrook Capital Management

Company Name: Stonebrook Capital Management Address: 17 State Street, 38th Floor New York, NY 10004 Contact Name: Brad Cole Phone Number: 312 335 9550 Fax Number: 312 335 9508 E-Mail: Brad@colepartners.com Product Name: Stonebrook FX Program Product Assets: $25 million Total Assets Under Management: $130 million Firm Inception Date: June, 1993 Number of Employees: 5 […]

UBS’s Johnson Named Head of New E-Services Unit

UBS has named Bill Johnson as head of a new e-services division, where he will oversee the UBS Group’s Internet-based initiatives and projects across the bank’s five divisions. Johnson was previously the global head of treasury products, overseeing FX, repos and short-term interest rates within the Warburg Dillon Read (WDR) investment banking division. Johnson was […]

Credit Agricole Indosuez Sees a Future in FX Prime Brokerage

Credit Agricole Indosuez (CAI) is stepping into the FX prime brokerage business, a market that it believes has yet to realise its full potential. Dominated by a select few ‘ notably AIG, ABN Amro Bank and the former Bankers Trust (now Deutsche Bank) ‘ CAI plans to be at the top of this list very […]

Bank of Montreal Scales Back London Operation

The Bank of Montreal has “reconfigured and scaled” back its Capital Markets operation in London. The fixed income sales desk is being aligned to support a North American product and service focus. Foreign exchange sales and trading have been consolidated, primarily in Toronto and Chicago, according to a spokesperson. Effective October 1, the bank ceased […]

UBS’s Loh Joins Barclays As Asia-Pacific Vice Chairman

Barclays Capital has hired James Loh as its new vice chairman for Asia-Pacific, based in Singapore, and managing director responsible for all regional trading, including Japan. Loh joined the bank last month from UBS, where he spent the past seven years building the trading and client businesses covering FX, interest rates and currency risk management. […]

Barclays Bank Signs with Mpct Solutions Corp for CLS

Barclays Bank has become mpct Solutions Corporation’s first CLS Server customer. “It makes sound business sense for banks to standardise their approach to CLS with our CLS Server. We are simply delighted that Barclays Bank Plc, a major foreign exchange player and a beta member of CLS, have decided to underline their commitment to the […]

GTO Offers CLS Link

Global Trading Operations (GTO), the FX/MM settlements outsourcing provider, announced that users can access CLS through its parent company, Bank One, or the client’s preferred Settlement Member. Officials point out that the introduction of CLS will represent yet another major change to banks’ operating systems, immediately following the introduction of the euro and preparation for […]

IDEAglobal.com Adds ME&A Service to its Product Offering

IDEAglobal.com launched a new research tool called Middle East and Africa Trader, which focuses on the financial market an macroeconomic developments of more than 20 countries in the region. The daily fax product focuses on local FX/debt and emerging NDF markets, and includes daily strategies, country snapshots, country analysis and prices, among other features. “Middle […]

GNI Releases Enhanced Internet Dealing System

Online principal brokers GNI, a division of the Gerrard Group, have released a new version of its Internet dealing system, GNI Dealing Room. The new version offers all the conveniences of a modern day dealing room, with prices available in all the tradable currencies covering everything from cash spot, forwards, options, NDFs and futures. The […]

ABN Amro Signs Deal With Infinity for Derivatives

ABN Amro Bank and Infinity, a SunGard Company, have signed a multi-million dollar deal to extend the use of Infinity Derivatives to additional ABN Amro sites, and integrate the bank’s proprietary functionality for trading, risk management and operations into the Infinity Derivatives main front, middle and back office code lines. Infinity applications are currently rolled […]