Month: February 2002

New OTC Derivatives Platform Uses FpML

FinTrack Systems Corporation has released PriceTrack, a browser-based, real time price distribution and execution system which incorporates Financial products Markup Language (FpML), for intra- and inter-company messaging. The company has also rolled out RiskTrack, to support the exchange of interest rate derivatives data with an investment bank’s legacy system. This system also incorporates FpML to […]

XRT Joins Currenex’s FXIntegrate

Currenex has integrated XRT’s collaborative treasury management solutions to its online FX platform through its FXIntegrate program, to provide STP for their joint customers.

DBS Selects DerivaTech for Currency Options

Development Bank of Singapore (DBS) has selected DerivaTech OTC to support its growing options business.The deal provides DBS with a solution for constructing single- and multi-leg structures in both vanilla and exotic flavours. “With the expansion in our business, both in volume and sophistication, our existing legacy system became less effective,” explains Conrad Kwok, head […]

Prebon in East European Derivatives Venture

Following the relocation of Cedef staff to Prebon Yamane’s London offices, Prebon is taking full control of the companies’ joint venture in Eastern European derivatives broking. From December 1, all staff working in the joint venture have officially been working under the Prebon name. “We have long had a strong reputation in the Eastern European […]

FNX Enhances Sierra Margin

FNX has added enhanced exotic options capabilities to Sierra Margin, the company’s cross-product, collateralised trading solution. Sierra margin is fully integrated with Sierra’s FX cash, FX options, commodities and precious metals modules, to provide users with real time, high volume, monitoring of margin clients at individual, local and global levels. The enhanced exotic options product […]

Bank of Canada Chooses OpenLink’s Findur

Canada’s central bank has signed up as OpenLink’s latest client for its Findur solution. The Bank of Canada (BoC) has licensed Findur to support its role as the government’s fiscal agent, responsible for issuing foreign debt and investing the proceeds, which includes managing bond, money market, loan, FX and swap transactions. Nick Close, BoC’s financial […]

SEB Develops Trading Station with Trema

SEB Merchant Bank has rolled out Trema’s Transaction Hub service to enhance Trading Station, its global FX Internet offering. With this solution, trades executed through Trading Station will automatically update the client’s positions on a real time basis in Trema’s Finance Kit; the company’s risk management solution. SEB says the solution is already in operation […]

Waiting Room Convergence

The introduction of euro notes and coins on January 1 provides a good opportunity to assess the likelihood of EMU entry for European accession economies. By using forward curve analysis to identify what is being priced into the swaps markets, we have drawn the following main conclusions: • Forward swap curves are now implying an […]

The Markets and Recovery Scenarios

By Michael Burke, B&M Research Financial market operators are well used to the markets adapting to changed circumstances much sooner than forecasters. As a result, much greater weight is placed on the performance of leading financial markets as indicators of future economic activity than is placed on consensus forecasts among economists. After all, the near-unanimous […]

Atriax Launches AtriaxInsight

Atriax, the multibank FX portal, has launched AtriaxInsight, a subscription information product that provides real time streaming news and market data from Reuters, in addition to the existing Atriax service of research and currency forecasts from more than 30 of its member banks. Dan Morehead, CEO of Atriax, says, “This development has enabled us to […]