Month: February 2001

New Contracts for Tradix

ATSM, the trading, risk management and back office systems provider, has sold its Tradix solution to Caisse Centrale du Crédit Coopératif (CCCC), the diversified French banking group. The Tradix platform offers middle office operations a set of market, liquidity and credit risk management tools and controls. Coupled with this are a range of trade-oriented pricing, […]

Financial Markets Charity Golf Tournament 2001

The seventh annual Financial Markets Charity Golf Tournament has scheduled eight tournaments across Europe, with institutions sending teams of four players. The finals will take place on the Penha Longa course in Portugal 12-15 October. Each institutions’ contribution of $3,000 goes entirely to charity, supporting three childrens’ relief projects initiated by Terre des hommes in […]

RA Asset Management Launches Sirius Alpha Fund

RA Asset Management launched an open-ended investment company, the Sirius Alpha Fund, on 15 January. Sirius is registered in the Cayman Islands as a regulated mutual fund, and offers shareholders the opportunity to invest in a managed portfolio which invests in financial and commodity futures and other investments. Sirius’s trading methods are based on a […]

Two Banks in AFA Dart Installations

Alliance & Leicester Group Treasury has gone live with the AFA Dart++ product range. The platform provides traders with real-time pricing and risk management information for a range of derivative instruments from vanilla through to exotics. Mike Hughes, senior trader who led the project for the bank, says, “Dart++ enables us to respond even more […]

US Fund Groups to Develop Internet Portal

A new industry-wide Internet portal for investment professionals is being developed by three US mutual funds – Fidelity Investments Institutional Services Company, Franklin Templeton Investments, Putnam Investments – and back office services firm PFPC, a member of the PNC Financial Services Group. The proposed portal will offer investment professionals access to consolidated mutual fund account […]

GFInet & Thomson Enter Content Partnership

Thomson Financial and GFInet, part of the GFI Group, have formed a content partnership to provide GFInet clients with real-time FX and economic analysis through Thomson’s International Financial Review (IFR) ForexWatch product. “IFR ForexWatch will be one of the key elements of the GFInet Currency Option trading system that we are launching early in the […]

Velocity & Bridge To Offer FX Trading

Bridge eMarkets, a subsidiary of Bridge Information Systems, and Australia-based Velocity Systems International (VSI), developers of Internet-based FX and money market transaction applications, have signed a global licensing and distribution agreement. The agreement comes after six months of collaboration between the two companies, and is intended to lead to an “ASP-style offering”. Through it, Bridge […]

Trader House: Mixing Business with Pleasure

In an unusual venture, two FX traders and an IT specialist have struck a deal with American Golf (UK) that puts a new spin on the phrase “mixing business with pleasure”. For £1,000/month, the TraderHouse Network will provide private individuals and former professional traders with a desk, a Reuters terminal, three trading tools and satellite […]

Cognotec Signs Two More Clients for AutoDeal Lite

Fortis Bank has become the first bank in the Benelux region to take Cognotec’s AutoDeal Lite e-commerce platform. The platform will provide the backbone of the bank’s new “Click n’ Deal” offering, an online FX and money market dealing system. The “Click n’ Deal” system is the first of several services that will form the […]

Volbroker Completes Global Rollout

Volbroker, the electronic interdealer currency options trading platform, has established itself on 26 trading desks in New York, joining the 35 in Europe and 24 in Asia, giving Volbroker a presence in the three major time zones. A number of desks are also now online in Australia. “The speed at which Volbroker has been able […]