Month: November 1999

The Future’s Here ‘ the Future’s Audi

  Family Planning: Audi TT Coupe Quattro. Taking the vows is something that should never be taken lightly. The key to a successful marriage is hard to pin down. For some, romance stays strong until the reaper comes a-knocking. Others start free falling to earth from cupid’s heaven as soon as the “I Do’s” are […]

ACI Prepares for Semi-Annual Meeting in Spain

ACI ‘ The Financial Markets Association will be holding its last Council and Executive Committee meetings of the year this month, meeting in Santiago de Compostela, Spain, alongside ACI Spain’s annual general meeting. The Council and Executive Committee meetings will run from 3-5 November, while the general assembly takes place 5-6 November. The Council and […]

NatWest is Latest Entrant To the Internet Race

NatWest Global Financial Markets (GFM) last month released an Internet-based FX trading system to its clients, called “This offering is designed to capture all NatWest GFM’s expertise,” says Peter Nielsen, global head of sales and electronic distribution in London. The “thin client” system offers pre-trade, trade and post-trade functionality, including research, analytics, news, pricing, […]

Historical Rate Rollovers Feature In NAB’s Online Dealing Service

The National Australia Bank has (NAB) has enhanced its electronic FX Dealing service to enable historical rate rollovers (HRR) ‘ functions that are unique to the Australasian markets. With the existing system, NAB customers have been able to transact spot, forwards, forwards with an optional delivery period and forward swaps, but the enhancements give customers […]

Fenics Takes the Stress Out of Executing Options

Fenics has begun the first stage of a two-part rollout of Fenics 2000, a release which promises to make the lives of sales dealers much easier. Leveraging its unique number of installed users ‘ 95% of the professional interbank market ‘ the upgrade to the new Web-based software will be given free to all up-to-date […]

Deutsche Leaps into the Internet Arena

Deutsche Bank has released a new Internet product offering called, which gives its clients access to its unique brand of research and analytics, volatility data and market commentary, among other services. “A lot of the content that was previously only available internally, is now being released to our customers, because the Internet eliminates the […]

Citi Releases Interactive Web Site ‘ a Prelude to Internet-Based Trading

Following the July release of its CitiFX Benchmark service, Citibank has announced the launch of its new CitiFX Interactive Web site, part of its e-commerce strategy. “As our clients experience increased and varied international exposure, a greater number are turning to us for guidance and advice on the steps that must be taken before a […]

Buik Exits City Index To Lead New Venture at Cantor

David Buik, formerly of London-based spread betting firm, City Index, has left the company and has joined Cantor Fitzgerald, where he will help form a financial spread-betting division. While with City Index, Buik has been a regular contributing writer to Profit & Loss, and the editor wishes him well in his new venture.

Cognotec Bolsters Tokyo Office With New Hire

Cognotec has hired David Jones as its new managing director, sales and operations, for Asia-Pacific, based in Tokyo. Jones, who joined last month from Infinity, a SunGard Company, will report to global head of sales and marketing, John Beckert, in New York. In his new role, Jones will work closely with Forexbank, the joint venture […]

Goldman Sachs Adds To Sales Team in NYC

Laura Prestandrea has joined the FX sales desk at Goldman Sachs in New York. She will report to FX sales manager Jonathan Lopatin. Prestandrea was previously with Chase Manhattan Bank.