CSFB Releases FX Module for Online Trading

Credit Suisse First Boston (CSFB) has released Prime Trade FX, another part of the Prime Trade suite of online products to be released globally to third party customers outside the CS Group of companies. Prime Trade originally launched as a listed derivatives service about two years ago, but the system was expanded to include currencies […]
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New Online FX Trading Service Set for March Launch

GAIN Capital is the latest entrant in the race to offer online FX trading services – but hopes to set itself apart by offering real-time, two-way prices on a 24-hour basis with a team of professional Wall Street traders making markets to customers from next month. The New Jersey-based firm is being spearheaded by Mark […]
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Reuters Releases Dealing 3000…Finally

Eighteen months after it was first previewed, Reuters has finally released Dealing 3000, the “next generation” of its Reuters Dealing products. The service has been rolled out to 70 different customer sites globally, and has 160 users signed up for installation and a number of others in negotiation, according to Marion King, managing director, Money […]
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Investec Takes Expanded Online Trading System From Information Internet

Investec Bank in South Africa has gone live with an extended version of Information Internet’s MarketMaker online FX trading technology. Six new money market instruments have been added to the MarketMaker service, including fixed loans and deposits, FRAs, overnight call, rand overnight deposit swaps, client foreign currency accounts and trade finance. Additionally, the existing foreign […]
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Sybase Acquires HFN As Part of E-Business Build-Up

Software developer, Sybase Inc, has acquired Home Financial Network (HFN), a privately held Internet financial services company. Sybase will combine HFN with its Financial Server business unit to create a new company that will focus on strategic technology solutions. “Sybase is leveraging its strength in providing end-to-end business integration, in order to capitalise on the […]
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Brokers Relaunch DDN to Speed Deal Confirmation Process

The Direct Deal Notification (DDN) network, the broker-owned electronic deal checking system, now has six bank customers and is essentially being relaunched in the New Year to a wider audience, says Michael Sheard, chairman of the Notification Company which is jointly owned by Garban-Intercapital, Prebon Marshall Yamane and Tullett & Tokyo. DDN is designed to […]
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CLS Reports a Delay to its October 2000 Launch Plans

CLS Services and IBM report a delay to the development schedule for the planned continuous-linked FX settlement system. The two groups, which are working together to form a new process for settling FX transactions through CLS Bank International, will shortly produce a revised overall software development plan. A CLS spokesperson says the delay to the […]
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Citi Releases Interactive Web Site ‘ a Prelude to Internet-Based Trading

Following the July release of its CitiFX Benchmark service, Citibank has announced the launch of its new CitiFX Interactive Web site, part of its e-commerce strategy. “As our clients experience increased and varied international exposure, a greater number are turning to us for guidance and advice on the steps that must be taken before a […]
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Deutsche Leaps into the Internet Arena

Deutsche Bank has released a new Internet product offering called fxmarkets.com, which gives its clients access to its unique brand of research and analytics, volatility data and market commentary, among other services. “A lot of the content that was previously only available internally, is now being released to our customers, because the Internet eliminates the […]
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Fenics Takes the Stress Out of Executing Options

Fenics has begun the first stage of a two-part rollout of Fenics 2000, a release which promises to make the lives of sales dealers much easier. Leveraging its unique number of installed users ‘ 95% of the professional interbank market ‘ the upgrade to the new Web-based software will be given free to all up-to-date […]
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