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Centradia Names Co-Heads; Plans Launch Announcement

Centradia, the name for the initiative led by five European banks, including Banco Santander Central Hispano (BSCH), Commerzbank, the Royal Bank of Scotland, San Paolo IMI and Société Générale (SG), is preparing to make an announcement in May about its platform and services.

Initially, two co-heads have been named, Edgar Mayoral of BSCH in Madrid, and Paolo Taddonio of SG in Paris.

The multi-dealer platform is targeting mid-market European corporates and has said it will offer FX spot and forwards, interest rate derivatives and fixed income pre-trade, trade and post-trade services from the five participating banks (see Profit & Loss, September 2000). Currency options and swaps may also be available from the outset.

Profit & Loss

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