New Version of Devon System Released by SunGard’s Infinity

Infinity, a SunGard Company, has released the Devon System 99.1, which has additional support for Brazilian and Italian instruments, as well as enhanced straight-through processing and seamless integration with Excel. Devon provides trade entry and processing for a wide range of FX, interest rate, futures, securities and equities. This latest version provides extended instrument and […]
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WMBA Holds First Awards Ceremony for Graduates

TheLondon-basedWholesale Markets Brokers Association (WMBA) will, for the first time, hold an awards ceremony for successful candidates of its professional diploma qualification, which it launched last October. The WMBA training programme was acquired from money brokers Prebon Yamane last October. With its purchase of Prebon’s syllabus and diploma, the WMBA seeks to broaden the knowledge […]
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IDEA Puts its Eggs In the Internet Basket

“We are an Internet company,” says Mike Gallagher of IDEAglobal.com, the new moniker for I.D.E.A., the global market analytics service provider. The company announced its name change in conjunction with the launch of several Internet-based offerings, including TimeMachine and www.IDEAfax.com, both of which serve as platforms for delivering real-time financial analysis. In pursuit of its […]
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Hand Held Devices Get New Look from Mobeo

Mobeo, makers of FX Alert, have given the old financial pagers a new look for the millennium. The new F/X Alert f/xtra uses a new version of Motorola hardware that has a wider screen, which can display up to eight lines of text at a time, and even has a graphics capability. F/X Alert, which […]
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FMA-USA Holds Forum in Pittsburgh

The Financial Markets Association-USA held a board of directors meeting in Pittsburgh last month, which featured an economic panel discussion. Guest speakers scheduled for the event were Dr Charles Adams, assistant director for the international capital markets research department at the International Monetary Fund, as well as Dr Bernd Goos, director general of International and […]
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Deutsche’s Herron to Oversee Global FX in Bankers Merger

Having just received approval from US authorities to proceed with its acquisition of Bankers Trust in late May, Deutsche Bank has begun to appoint managers to oversee the combined group. Deutsche’s current global FX manager, Hal Herron, was named to the same post for the new unit, but the fate of Bankers’ global FX chief, […]
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Reuters DealWeb Teams With Subsidiary Tibco

Reuters DealWeb, the Internet-based corporate FX trading service that was introduced last summer, is in the midst of being combined with Tibco Finance’s TIBMercury FX autodealing and order routing service. The new product is now in customer tests, and customers will be migrated to the system over the coming months, says a Reuters official. The […]
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S&P’s MMS Revamps Global Currency Service

Standard & Poor’s MMS is revamping its currency service – making the front-end of the product more market and strategy oriented, says an official. The service, Currency Market Insight, has a new focus on market reporting, offering minute by minute updates on the Market Pulse pages, which include rumours, flows and independent views. The technical […]
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FNX Launches Derivatives Modules on Sierra System

FNX has launched two additional derivatives modules to its Sierra System, which provides integrated trading, risk management and operational control across all asset classes. The derivatives and structured products add-ons were developed in conjunction with leading derivatives experts, Drs John Hull and Alan White. With the launch of this latest software, which complements its money […]
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CAI Undergoes Expansion- Bolstering Global Operation

Credit Agricle Indosuez (CAI) wants to be number one. The French bank has recently made a number of hires in London to bolstering its euro coverage, according to London-based FX manager Simon Eedle, and is also looking to strengthen its sales operations. Steve Walker joined the bank as deputy chief dealer in charge of euro/dollar […]
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