Month: October 2001

Standard Life’s MM Fund Offered on Global Link

State Street Corporation and Standard Life Investments, one of the world’s larger asset management companies with over $110 billion (£76 billion) of assets under management, will collaborate to offer Standard Life’s AAA-rated Money Market Fund over Fund Connect, a fund research and trade execution system on State Street’s proprietary e-finance network, Global Link. Fund Connect […]

E-Trading: Are Corporate Treasurers Taking UP The Baton?

As the corporate treasury world comes to terms with new business models, in the form of online dealing and multi-bank portals, many are already enjoying the benefits that such mediums provide over traditional services, while others are taking a wait and see approach. Colin Lambert talks to corporate treasurers to find out how the banks […]

Execution of Stop-Loss Orders

In the recent past, ACI’s Committee for Professionalism (CFP) was asked to assist in the resolution of various disputes between counterparties, resulting from problems with the execution of stop-loss orders. The CFP decided to regularly publish the common principle mistakes that give rise to disputes, with the main objective to highlight those areas where monitor […]

HSBC’s Online Service Takes Live Data

The Internet subsidiary of Bridge Information Systems, eBridge, is providing live market data for HSBC’s online markets service. The dual development provides foreign exchange and bond prices, interest rates, regional news and economic indicators, in addition to the research and analysis already available on HSBC’s website. Tony Cripps, head of e-commerce, treasury and capital markets, […]

CME Posts Best Volume Month Ever

The Chicago Mercantile Exchange (CME) posted the best trading month in its 103-year history in August, with a total volume of 34.4 million contracts changing hands. Volume on Globex2, the exchange’s electronic trading system, also set a new record, at a fraction over 6.9 million, a more than 163% increase from August 2000. The previous […]

Investhink Adds to Tullett’s IPO:Marker

Tullett & Tokyo Liberty’s online IPO:Marker service, which supports Tullett’s European initial public offering market broking business, is to be augmented by a news service from Investhink, an online third party news distributor, through its Content Integration Platform. The service will provide news and details of potential issues and issuers to the broker’s clients, and […]

AGF Asset Management Integrates STP Systems

Assurances Generales de France Asset Management (AGF), part of Allianz Asset Management, has gone live with the integration of SunGard Investment Management System’s (IMS) Decalog and Global Portfolio II for integrated straight-through processing (STP). The integration of Decalog Trader within AGF’s systems provides electronic trade confirmation, a link to custodian and depositary organisations, and an […]

Three Asian Banks Implement RCP System

UTI Bank and Global Trust Bank in India, and Delphis Bank in Mauritius, are implementing software systems provided by Synerlog Log-In Systems (Synlog), the Indian partner of RCP Consultants. The banks are installing RCP’s Dealing 2000 interface, allowing Reuters’ FX transactions to be automatically transferred into Synlog’s Integrated Treasury Management System. UTI Bank and Global […]

SwapsWire Expands Board of Directors

SwapsWire, the OTC derivatives dealing platform owned by a 23 bank consortium, has expanded its Board of Directors from nine to 13 directors. Three of the new directors come from shareholders Bank of America, Credit Agricole Indosuez and Lehman Brothers, the fourth is SwapsWire’s CEO, Andrew Brown. Commenting on the appointments, Brown says, “We know […]

Outlook for the Yen

By Marshall Gittler, Bank of America Our forecast for the Japanese yen is for moderate weakness in the months ahead. The problems of mark-to-market accounting, the weakness in the global electronics industry, and the spreading domestic downturn are likely to keep the currency under pressure. Against this background of a weakening economy, the government is […]