Month: October 2000

Cognotec Launches New API Service

Cognotec has launched a new Application Programming Interface (API) service called Cognotec AutoDeal Connect to automate the underlying FX transactions arising from real-time cross border trade and securities transactions. Albert Maasland, Cognotec’s global head of marketing, says the release uses the core foreign exchange version functionality of the browser-based services by integrating the API into […]

UBS Warburg Offers Clients of MKI an Integration Solution

UBS Warburg has partnered with Midas-Kapiti International (MKI) to provide the Fx2B service inside MKI’s Meridian Middleware and its connected front, middle, and back-office products. Clients of MKI will achieve seamless integration with UBS Warburg’s Fx2B, according to Guido Kurmann, executive director, business development, for UBS Warburg’s Treasury Products e-commerce area. “This enables our partners […]

Bank One Introduces New Online Services

Bank One has launched The One Net FX Trader, its Internet-based FX platform. FX Trader offers clients real-time execution and confirmations, a library of FX research and analytical tools, as well as a tool for revaluation of outstanding FX contracts at current market rates. Peter Mesrobian, global head of FX for Bank One, says the […]

Emerging Market Currency Managers Enjoy Solid July Returns

Currency managers eked out a tiny gain in July according to the Parker FX Index, which is up 0.04%. Meanwhile, FX managers who invest in emerging markets are up 2.53% for July, according to the Parker Emerging FX Index. The top performer for July in the Parker FX Index, on a reported basis, is Gaia […]

Q & A With Gaiacorp Ireland Limited

 Company Information Company Name: Gaiacorp Ireland Limited Address: Dublin Exchange Facility IFSC Dublin 1 Ireland Contact Name: David Walsh / Jeremy O’Friel Phone Number: 353 1 607 5108 Fax Number: 353 1 607 5177 E-Mail: jeremy@gaiacorp.com / david@gaiacorp.com Product Name: Gaia 25% Risk Program Product Assets: $45 million Total Assets Under Management: $215 million Firm […]

Morgan Stanley Announces Management Changes

Morgan Stanley Dean Witter (MSDW) has named Zoe Cruz as global head of fixed income, commodities and FX, succeeding Kenneth deRegt, who will become an advisory director upon his retirement at the end of this year. She has also been named as a member of the firm’s Management Committee. Cruz has served as co-head of […]

JP Morgan Chase to Be “Powerful Competitor”

Last month’s announcement of Chase Manhattan’s acquisition of JP Morgan, to form JP Morgan Chase & Co, should prove a formidable face in the market. “Chase was a powerful competitor beforehand, and it will be even more so following its alliance with JP Morgan,” says one banking rival. The new bank is due to begin […]

BofA & Fundtech in CLS Internet Venture

Bank of America and Fundtech have agreed to provide secure access for Internet transactions into the planned CLS Bank. Fundtech’s Payplus, a browser-based service that allows companies to manage FX settlements through CLS, will allow CLS settlement members to process their own FX transactions, as well as offer FX settlement services to other banks and […]

Study on Third Party Access to CLS Started

A joint venture study on the services that will be provided by CLS settlement members to third parties and the impact of CLS Bank on smaller (second tier) banks and other third party users is being undertaken by PricewaterhouseCoopers and Payment Research Partnership (PRP). The study, “Service Opportunities in the CLS Third Party Market: An […]

S&P Restructures Analytics Arm; Launches Web-based Service

Standard & Poor’s has made it possible for its customers to integrate real-time global market analysis from Globalmarkets.com directly into their company Web sites (and internal intranets). The new capability ‘ distributed via standard Internet protocols ‘ provides access to bundles of content from Globalmarkets.com, the company’s real-time, market analysis and commentary service. Clients can […]