Day: March 1, 2000

Deutsche Börse and Eurex Offer Expanded Information On Derivatives Trading

In a move aimed at institutional and private investors, the Information Products Division of Deutschen Börse began showing the five best bid/ask prices in the Eurex order book for selected products such as the DAX, SMI, Dow Jones Euro STOXX, Bund, Bobl and Schatz, from 17 January. Previously, the Eurex Market Depth data was only […]

Morgan Stanley Releases Internet Offering for FX

Morgan Stanley was due to launch a Web site last month [February] that will initially be used as a new way to present the firm’s research products, according to sources, who add that e-trading over the Web will likely come online later in the year as the service evolves. The Web site will first offer […]

Amex Bank Takes New Derivatives Pricing Package

American Express Bank has taken DART+ Pricing for pricing, hedging and structuring interest rate products in London. DART+ Pricing is a modular system, with pricing in swaps, FRAs, IRGs, FX points/arbitrage, interest rate options, interest rate swaptions, structured loans and deposits, bonds and asset swaps. Pricing is calculated using either the cash or futures yield […]

Reuters to Host 6th Annual Charity Golf Tournament

Reuters will host the 6th Financial Markets Charity Golf Tournament during May and June, to raise funds for projects supporting children in conflict zones. Rounds will be played in the Netherlands, Switzerland, UK, Spain, Germany, Belgium, France and Italy. On 24 May, the UK’s financial market teams will play at Buckinghamshire, to benefit child victims […]

CME Chairman Presents Testimony on President’s Financial Markets Report

Regulatory reform of US over-the-counter (OTC) derivatives markets must be accompanied by concurrent reforms for US futures exchanges to assure “rationalisation of regulation for the entire financial services industry”, according to Congressional testimony presented by Chicago Mercantile Exchange (CME) chairman Scott Gordon last month. The hearing was held to review a recent report issued by […]

The Role of the Second Tier Bank

As the top tier banks solidify their positions at the top of the food chain, the middle tier is encompassing a broader range of institutions than ever before. Julie Ros looks at how electronic commerce is transforming the role of the middle tier bank. Nobody wants to be called a second tier bank. However, if […]

Deutsche Bank Rolls Out Next Generation of Internet Offering

Deutsche Bank has released a new customer FX order management system as part of its Internet product offering, FXMarkets.com, which launched last October. The service provides customers with online order entry and order monitoring via the Internet, explains Joe Noreña, the recently appointed head of FX e-commerce for the bank. The electronic orderbook is available […]

Q & A With Jacobson Fund Managers Ltd.

Company Name: Jacobson Fund Managers Ltd. (“JFM”) Address: London Contact Name: Jenny Hackett Phone Number: +44 20 7235 2472 Fax Number: +44 20 7245 0120 E-Mail: Jhackett@jacobson.co.uk Product Name: Jacobson Currency Programme Product Assets: USD $49.5 million Total Assets Under Management: USD $49.5 million Firm Inception Date: Business commenced in August 1993 and was incorporated […]

JP Morgan Announces E-Commerce Initiatives

JP Morgan & Co has announced a series of initiatives to expand its global base of corporate and institutional clients through e-commerce. Leading the effort is the creation of two major business groups – investment banking and markets. Walter Gubert, vice chairman of the board, takes a lead role in expanding and deepening the global […]

RBC Relocates Singapore FX Team to Sydney

RBC Dominion Securities is consolidating its Asia-Pacific FX trading unit alongside its fixed income operation in Sydney later this month [MARCH], confirms managing director, Peter Loaring, who oversees the regional FX business. The FX spot, forward, money market and options trading teams will relocate to Sydney by the end of March, while a small sales […]